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MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation

Of that valuation, MicroStrategy’s market cap yesterday and earlier on Thursday topped $100 million, or more than three times the value of the roughly 331,000 bitcoin on its balance sheet ($32.5 million at the current price near $98,000). With today’s price decline, MicroStrategy’s market cap has sunk to about $80 million.

Original Source: https://www.coindesk.com/markets/2024/11/21/microstrategy-falls-16-despite-new-bitcoin-record-as-some-question-valuation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Bitcoin Market Headwinds To Continue? Short-Term Holder SOPR Remain In Negative Territory

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Ethereum MVRV Ratio Nears 160-Day MA Crossover – Accumulation Trend Ahead?

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MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation

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