• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Adam Back Confident in MicroStrategy's Share Undervaluation

user avatar

by Giorgi Kostiuk

a year ago

Blockstream's CEO Adam Back has stated that MicroStrategy shares are still 'stupidly cheap' despite their substantial value increase this year.

Adam Back's Opinion

Adam Back is convinced that shorting MicroStrategy's stock will not succeed as he believes the stock is still undervalued when compared to the company's Bitcoin holdings.

Back claims that investing in MicroStrategy's stock is a low-risk opportunity compared to more complex financial products.

Comparison with Financial Products

Back noted that investing in MSTR shares is less risky compared to products like 2x ETFs, intended to deliver double the daily Bitcoin performance but tend to lose value in sideways market trading. For instance, if Bitcoin's price rises 1% one day and falls the next, such ETFs might still end up in the red.

MSTR vs Bitcoin ETFs

Unlike Bitcoin ETFs, MicroStrategy offers leveraged Bitcoin exposure without suffering from 'decay' issues caused by compounding effects, making the company's stock a more balanced option for Bitcoin investment.

In conclusion, MicroStrategy's stock rose by nearly 12% last Friday, and Adam Back remains confident in its future growth potential due to its undervaluation relative to the company's Bitcoin assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Developers Reactivate DAO Funds as Security Reserve

chest

Ethereum developers have reactivated over 100 million worth of unclaimed tokens from The DAO hack of 2016, converting them into a security reserve.

user avatarNguyen Van Long

Aster Price Below Key Moving Average

chest

Aster price remains below the 50-day simple moving average, indicating a lack of control from buyers.

user avatarKofi Adjeman

Concerns Rise Over Economic Impact of Immigration Policy Changes

chest

Concerns rise over the economic impact of immigration policy changes.

user avatarJesper Sørensen

Trump's Strict Immigration Policies Spark Economic Uncertainties

chest

Trump's strict immigration policies initiated in January 2026 create economic uncertainties in US labor markets while sparing cryptocurrency markets.

user avatarRajesh Kumar

Liquidity Indicators Impacting Bitcoin Price Predictions

chest

Arthur Hayes emphasizes the importance of liquidity indicators in predicting Bitcoin price movements.

user avatarSatoshi Nakamura

CFTC Adopts Flexible Approach to Event Contracts in Coordination with SEC

chest

CFTC adopts a flexible approach to event contracts, aligning with SEC to support innovation in prediction markets.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.