PANews reported on November 25 that Ki Young Ju, founder and CEO of CryptoQuant, posted on the X platform: "The premium of MicroStrategy (MSTR) Bitcoin holdings in the U.S. stock market has returned to the 2021 bull market level. Data shows that the MSTR premium peaked in mid-2021, but never fell below zero in the last bear market. In contrast, GBTC fell to a discount price of -48% in the bear market, and eventually triggered a crisis as leverage was unwound. Michael Saylor knows how to handle leverage. During the 2022 bear market, he kept MicroStrategy stable and effectively managed BTC's market risks."
In addition, Ki Young Ju said, "The bull market in 2021 is the world of cryptocurrency novices, while the bull market in 2024 is the world of traditional finance and cryptocurrency veterans. This is a different game, and the possibility of absurd events is much smaller."
