It's baffling that investors are paying a 19% premium for MicroStrategy's Bitcoin holdings, effectively valuing $1.00 of BTC at $1.19 through MSTR shares, even as the company reports billions in unrealized losses and its stock tanks. This isn't a sound investment; it's a bet on a premium that could evaporate, leaving shareholders with less than the underlying asset. Is this truly a smart way to gain Bitcoin exposure?
This summary was generated by AI
1