🗞 The large premium of MicroStrategy's stock for bitcoin holdings is defended by an analyst as "smart leverage"

The growing premium at which business intelligence company and corporate bitcoin holder MicroStrategy (ticker: MSTR) trades compared to its net asset value (NAV) is not something to fear, according to Benchmark. Currently at 2.3x, the premium reached a three-year high of 2.7x earlier this month, sparking debates among observers who argued the stock should align more closely with the company's bitcoin holdings.

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