“MicroStrategy's premium has collapsed toward one, meaning the speculative crowd that drove it is gone and there is little left holding the stock up.”
“I don't think Saylor is going to sell Bitcoin, but this kind of indicates that there's less speculative capital chasing hyper-speculative assets like MicroStrategy. I'm not an expert in, you know, MSTR ponzinomics, but I don't know, like, how can you look at this and be omega bullish, right?”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.