MSTR相对同业的交易折价不可持续，意味着其存在相对跑赢或均值回归的潜力。
逐段跳播
我们来看一下 Bitcoin、Micro Strategy 以及其他一些储备公司。
Well, let's have a look at uh Bitcoin and Micro Strategy and some other treasuries.
储备公司 Micro Strategy 购入了 1665 枚 Bitcoin，并回购了 1.52 亿美元的投资。
Treasury our micro strategy. The treasury company acquires 1665 Bitcoin and put bought back 152 million invest.
记住，他们手上有 60 亿美元现金，用来让人们对他们能拿到 STRC 的股息抱有信心。首先，Micro Strategy 又回来了。当他们卖出少量 Bitcoin 时，市场再次陷入恐慌。
Remember, they have 6 billion in a cash bag to give people confidence that they'll get their dividend on STRC. First of all, Micro Strategy is back. When they sold a little bit of Bitcoin, the market freaked out again.
但凭借最近这笔 1.43 亿或 1.45 亿美元的购买，不管具体是多少，如今 Michael Saylor 的储备公司持有的 Bitcoin 达到了 847,666 枚的历史最高水平。
But with that recent purchase of 143 million or 145 million, whatever it was, uh, now Michael Sailor's treasury has an all-time high level of Bitcoin of 847,666 Bitcoin.
我认为 Strive 的产品也做每日分红，但说到底这并不重要。
I think Strive does daily dividends as well for their product, but it doesn't really matter at the end of the day.
说到这家开始做每日分红、与 Strive 相对的公司，他们也买入了 7 枚 bitcoin，而且这是在 Micro Strategy 买入的 1600 枚之外的。
Speaking of the company that started doing daily dividends versus Strive, they bought,7 bitcoin as well and that's on top of the 1600 that Micro Strategy bought.
所以，加上他们以及 ETS 买入的 26 亿或 24 亿美元，积累又一次如火如荼地展开了。Strive 现在持有 27,462 枚 Bitcoin，其股价表现确实非常出色。
So, between them and the 2.6 or 2.4 billion in the ETS buying, the accumulation is going gang busters once again. Strive now have 27,462 Bitcoin and their stock has been doing incredibly well indeed.
我说这太疯狂了，因为 Micro Strategy 大约是 0.74。这两家储备公司之间存在巨大的差距。其中一个不可持续。也就是说，Micro Strategy 得往上飘，或者 Strive 得跌下来。
I said that's crazy because Micro Strategy is like 0.74. That's a huge discrepancy between these two treasury companies. One is not sustainable. I.e. Micro Strategy would have to levitate up or Strive would have to come down.
结果，Strive 跌了下来。现在它是 1.25，而几周前是 1.56。而 Micro Strategy 则处在 0.74。
As it turns out, Strive came down. Now it's at 1.25 versus 1.56 a couple of weeks ago. And Micro Strategy is at that 0.74.
这个频道对 $MSTR 的历次判断
InvestAnswers 在这只股票上共 8 条判断，这里只列相邻的几条。