MSTR’s premium shows a clear positive relationship with the price of Bitcoin. Over the past year, it has maintained a correlation of 0.52 to BTC (T-Stat = 9) and an approximate beta of 1.77 to BTC.
This indicates that as Bitcoin’s price increases, the Premium tends to expand, further enhancing MSTR’s stock performance — link
This indicates that as Bitcoin’s price increases, the Premium tends to expand, further enhancing MSTR’s stock performance — link