Thursday November 21, 2024 10:06 AM
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The post MicroStrategy Stock Hits Record Correlation with Bitcoin appeared first on Coinpedia Fintech News MicroStrategy’s stock has reached a historic milestone, with its correlation coefficient to Bitcoin hitting an all-time high, according to MSTR-tracker data. The MSTR/BTC price ratio (100x) has also climbed to 0.5 for the first time. Meanwhile, the premium of MicroStrategy’s stock price to its Bitcoin net asset value (NAV) surged to 3.4, marking a remarkable …
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