“This re-expansion has been a bit of a pleasant surprise to us despite more competition from ETFs,” the authors wrote, adding that the premium does make some sense as MicroStrategy’s bitcoin acquisition strategy of “only buying BTC when its stock trades at a relative premium to its HODL,” has been accretive.
Related posts
-
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial... -
Bitcoin Price Spikes 5%, Can BTC Bulls Take Back Control?
Bitcoin price is up nearly 5% and there was a move above $62,500. BTC is now... -
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin...