Strategy MSTR Premium Over Holdings Drops Below 1, Bloomberg Says the Trade Is Unraveling
Source:
x.com
BitcoinTreasuries.NET posted on X, citing Bloomberg, that as Bitcoin declines, people are no longer willing to pay the high premiums they once did for Strategy MSTR. The premium of Strategy MSTR over its Bitcoin holdings once reached 200%, but has now fallen below 1, indicating the trade is unraveling.