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Analyst: The premium of StrategyMarket Cap relative to its Bitcoin Holdings has dropped from 3.4 times to 1.6 times
According to the news from TechFlow on February 25th, Cryptocurrency analyst Miles Deutscher wrote that the premium of Strategy (formerly MicroStrategy) Market Cap relative to its holdings of BTC assets has dropped from 3.4 times in November last year to the current 1.6 times.
He pointed out that the lower this value is, the harder it will be for the company’s CEO Michael Saylor to raise more funds to buy BTC, which means that the pace of its BTC purchases may slow down.