NAV premium to Strategy stock is interesting 🤔

happycapital (87)modin H4LAB Research • 10 days ago

Strategy is holding around 576k BTC(Bitcoin), and their shares outstanding is about 278m. So, 576k BTC divided by 278m shares outstanding is 0.00207 BTC per share. It's around $224.

But, Strategy stock price is $369. So, to calculate NAV(Net Asset Value) premium to Strategy stock, $369 divided by $224. It's about 1.64 ×.

Source: Strategy Tracker

This chart is the NAV premium chart. Unfortunately, it seems that it's not helpful to judge cycle tops, such as BTC on-chain data.

#strategy #btc #bitcoin

10 days ago in H4LAB Research by happycapital (87)mod

$100.49