Benchmark believes MicroStrategy’s business model justifies the premium to NAV and that traders should focus on the company’s BTC Yield. Introduced by Saylor and team earlier this year, Bitcoin Yield tracks the effectiveness of bitcoin investments by measuring the percentage change over time of the ratio between MSTR’s bitcoin holdings and its fully diluted share count. The Bitcoin Yield stood at 17.8% through September 19 compared to 1.8% and 7.3% in 2022 and 2023, respectively, according to Benchmark’s data.
BLOCKCHAIN IS REVOLUTIONIZING CROSS-BORDER PAYMENTS | by Trixia Abrera | The Capital | Sep, 2024
Blockchain Technology has transformed cross-border payments by addressing many of the inefficiencies and limitations of traditional systems. Here are the...