TechFlow News — Ki Young Ju, founder of CryptoQuant, recently shared his view that MicroStrategy CEO Michael Saylor has proven Bitcoin to be the optimal strategic asset for public companies. Ki Young Ju pointed out that over the past two years, Bitcoin’s price has risen by 237%, while MicroStrategy’s stock price has surged by 669%. Although both experienced similar drawdowns during the bear market, MicroStrategy (MSTR) rebounded three times more strongly than Bitcoin (BTC).
Ki Young Ju also noted that the current ratio of MicroStrategy’s market capitalization to the value of its Bitcoin holdings indicates the company’s valuation now fairly reflects its Bitcoin assets—unlike in 2021. He concluded: "The best strategy is the Bitcoin strategy."
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