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Strategy Stock May Still Look Undervalued After Bitcoin Rally

Original: Strategy (MSTR) Stock May Still Look Undervalued After Bitcoin Rally

Strategy, the bitcoin-holding software firm formerly known as MicroStrategy, may still be undervalued even after bitcoin's latest rally lifted its share price, according to an analysis by Simply Wall Street. The argument is that the company's large bitcoin holdings are not yet fully reflected in its market value, leaving room for further upside if the cryptocurrency keeps climbing.

Why now: Bitcoin's rally is drawing fresh attention to how the market values bitcoin-heavy stocks like Strategy.

Strategy (MSTR)MicroStrategyBitcoin

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