MSTR MicroStrategy Incorporated Fair Value | Potential Sell-Off
Achieving a scenario where MSTR trades at parity with its Bitcoin reserves would necessitate a remarkable surge in BTC price to $157,000, marking a staggering 130% increase from current levels!
At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value!
Adding a slight premium, my adjusted price target for MSTR would be $960!
The growing popularity of Bitcoin ETFs presents a challenge to MSTR's relevance, making it useless to hold MSTR at such a high premium to its BTC holdings!
It's worth noting that CEO Michael Saylor sold 1,508 shares of the company on March 14, 2024.
At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value!
Adding a slight premium, my adjusted price target for MSTR would be $960!
The growing popularity of Bitcoin ETFs presents a challenge to MSTR's relevance, making it useless to hold MSTR at such a high premium to its BTC holdings!
It's worth noting that CEO Michael Saylor sold 1,508 shares of the company on March 14, 2024.
Trade active:
MicroStrategy Slumps 14% today After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin! Let`s see how low it can go!
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TRADING COURSE bit.ly/tradex
Private Signals www.patreon.com/PremiumOptionsSignals
RESULTS www.bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880