‘Bitcoin a better investment than MicroStrategy’ – Is it really?
- MSTR and Bitcoin prices dropped, signaling a broader market downturn.
- Kerrisdale Capital suggests BTC is a better investment than MicroStrategy stock.
The market seems to have been on a lower end with major coins and stocks experiencing a downturn. Data shows that MicroStrategy (MSTR) plummeted by 11.18% in just one day whereas, Bitcoin [BTC] slipped by 0.95%.
However, when it comes to the overall value, MSTR stood at $1,704, marking a 66.65% increase over the month. In contrast, Bitcoin was priced at $70,849, with a 15.8% one-month rise.
Remarking on the same, investment management firm Kerrisdale Capital in its 28th March analyst note, argued,
