Here’s Why MicroStrategy (MSTR) Is Not A Bubble

Quick Summary:

Furthermore, MSTR’s staggering premium of nearly 195% over its Bitcoin holdings is making everyone nervous that the bubble could burst anytime soon.

That’s the question on everyone’s mind after a staggering 515% MSTR stock rally this year.

Popular handle Mike Investing noted that the MicroStrategy frenzy on Wall Street can continue this week as well, taking the stock price to more than $700.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaSouth KoreaMaliSingaporeUnited States

Topics: Michael Saylor 24/7 Cryptocurrency News MSTR Bitcoin News Microstrategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 06:05:22 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 712 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23815497

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 7 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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