Strategy's stock market value is now reported at $64.43 billion, falling below the value of its bitcoin holdings.
Jinse Finance reported, according to Coinglass data, Strategy Inc's stock closed at $224.61, down 2.91%. The company's current total market value is about $64.43 billions, which is already lower than the total market value of its holdings of 641,692 bitcoin, calculated at the current price to be about $65.45 billions. MSTR's stock market value has fallen below the market value of its bitcoin holdings, resulting in a "negative premium" situation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bermuda Monetary Authority grants digital asset business license to DerivaDEX
The US Dollar Index (DXY) falls below 99, down 0.47% intraday.
Babylon completes mainnet upgrade, BABY annual inflation rate reduced from 8% to 5.5%
