MicroStrategy’s net asset value premium hit 2.5 times it’s bitcoin holdings
MicroStrategy, a company that identifies itself as a Bitcoin Development Company, has seen its stock performance soar in relation to Bitcoin’s price, reaching a premium not seen in over three years. The company’s net asset value (NAV) premium, which is calculated by comparing its market capitalization to the value of its Bitcoin holdings, has climbed to approximately 2.5. As of the last market update, MicroStrategy’s market cap stood at around