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coinpedia 2024-11-21 12:56:04

Microstrategy Not Overvalued, Instead Has A Lot Of Runway, Says Charles Edwards

The post Microstrategy Not Overvalued, Instead Has A Lot Of Runway, Says Charles Edwards appeared first on Coinpedia Fintech News In the latest development, MicroStrategy, which is the largest publicly traded corporate holder of Bitcoin, has witnessed its stock surge by a massive 94% year-to-date (YTD), driven by Bitcoin’s rally above $97,000. Strikingly, with 331,200 Bitcoin on its balance sheet, valued at around $32 billion, MicroStrategy now has an impressive $15.51 billion in unrealized gains. …