TechFlow news, October 11 — According to CoinDesk, MicroStrategy (MSTR) shares continue to outperform Bitcoin in price, with the premium of its holdings value reaching the highest level in over three years. Data from the MSTR-tracker shows that MicroStrategy's net asset value (NAV) premium ratio—defined as the company's market capitalization divided by the value of its Bitcoin holdings—has climbed to approximately 2.5x, the highest since February 2021.
Currently, MicroStrategy has a market capitalization of about $37.14 billion, while the value of its 252,220 Bitcoin holdings stands at approximately $15.1 billion. Since the launch of spot Bitcoin ETFs on January 11 this year, MicroStrategy's stock price has surged more than 240%, hitting a new all-time high on October 8.
