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SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
5808.12
-1.74
-0.03%
5862.82
5799.98
18518.60
+103.11
+ 0.56%
18690.01
18487.06
42114.41
-259.96
-0.61%
42594.64
42051.39
104.130
-0.030
-0.03%
104.400
104.060
1.08100
+0.00164
+ 0.15%
1.08208
1.07814
1.29690
+0.00101
+ 0.08%
1.29779
1.29390
2731.09
-16.52
-0.60%
2744.48
2724.54
67.127
-4.408
-6.16%
68.728
67.099
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【Steno Research: Bitcoin is expected to perform strongly this quarter and in 2025】 October 28, Steno Research said in a report on Friday that MicroStrategy (MSTR)'s current premium over its Bitcoin (BTC) holdings is unlikely to continue. "This belief is further supported by the weakening effect of MicroStrategy's recent stock split," analyst Mads Eberhardt wrote, adding that the upcoming launch of spot Bitcoin exchange-traded fund (ETF) options in the United States will also reduce investors' motivation to hold the stock instead of these ETFs. The software company founded by Michael Saylor conducted a 10-to-1 stock split in August, and Steno believes that this move contributed to the recent rise. Steno pointed out that MicroStrategy's premium over its Bitcoin reserves has recently soared to nearly 300%. The report said this shows that the company's valuation "is significantly deviated from a simple calculation of its assets and business fundamentals." As regulators become friendlier toward Bitcoin and cryptocurrencies overall, investors may choose to own Bitcoin directly rather than MicroStrategy shares. Steno said this regulatory trend is expected to continue if Donald Trump is re-elected. Bitcoin is expected to perform strongly this quarter and into 2025, which means that "higher buying demand will be needed to maintain MicroStrategy's current premium." The report added that MicroStrategy's current premium is unsustainable, especially considering that its premium was below 200% for most of the time during the 2021 crypto bull run. (CoinDesk)

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[AscendEX Will Launch NEIROINU (NEIROINU)] AscendEX (formerly BitMax) Will Launch The Project NEIRO INU (NEIROINU) At 20:00 On October 28, Open The NEIROINU/USDT Trading Pair, And Recharge Is Now Open

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