MSTR's non-dilutive Bitcoin purchase supports price; institutional access via MSTR may drive FOMO/NAV premium.

MicroStrategy made its first cumulative purchase in months, which is also great news.

Now, we return to Michael Saylor. They bought 950 Bitcoins. So it wasn't a huge amount, but the good news is that Michael Saylor didn't sell shares through the financing program, and that's great.

This is excellent for the price movement of " MicroStrategy" stock.

A salute to all those who bought long-term options at $80 and $90. You are in a very comfortable position now, because guess what? But "Microstrategy" also jumped upwards. Let me check the spot price of "Micro Strategy" because it is probably much higher now.

Microstrategy, where are you? Today is a big day. 169. Well, not bad, but on this chart it shows 166. So, it's up an additional two or three dollars.

But the point is that it is heading towards level five, which is about $175. From there, many are asking: "Can we go back to 450?" Whatever the case may be . Okay.

If this stock really takes off, and if we see sharp fluctuations in the price of Bitcoin, the problem that still exists today is that many large institutions and sovereign wealth funds cannot easily buy Bitcoin, but they can certainly easily buy " Microstrategy," and this is still their gateway to entry.

Therefore, this may lead to a little fear of missed opportunity (FOMO) and a net asset value premium (NAV) as well.

Also, according to my latest calculations of the net asset value premium, the stock is still being sold at a discount. There are different ways to measure, but I use the simplest method.

I multiply their share of Bitcoin by the live Bitcoin price, and compare it to the market value. If Bitcoin's share is less than its market capitalization , then...let me check that .

If the share of Bitcoin is less than the market value, this is a credit problem. Simply put, you have to wait. If it is higher than the market value, it is a positive net asset value premium.

I hope I said that correctly. I'm mixing things up. Let me warn you, I've been awake since 4 o'clock. Anyway, this is my stock jumping upwards.