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The correlation between Microstrategy stock price and BTC has reached a record high.
Wu said that, according to MSTR-tracker data, the correlation between the stock price of Microstrategy and BTC has reached a historic high, with the (100x) MSTR/BTC price ratio reaching 0.5 for the first time in history; at the same time, the premium of MSTR's stock price compared to its BTC net asset value (NAV) once reached 3.4, rising by about 197% since the beginning of the year.