Price / BookValue is well accepted metric in equity markets. Warran Buffet has spoken a lot about it. If P/BV > 1 is not an abberation but normal for a healthy growing company. Returns via dividend or asset share reflected in price.
Strategy is an unregulated Bitcoin bank and may be able to create more revenue streams.
In fractional banking the bank lends more then the deposits it has anyway.
Price / BookValue is well accepted metric in equity markets. Warran Buffet has spoken a lot about it. If P/BV > 1 is not an abberation but normal for a healthy growing company. Returns via dividend or asset share reflected in price.
Strategy is an unregulated Bitcoin bank and may be able to create more revenue streams.
In fractional banking the bank lends more then the deposits it has anyway.
Looks like prior comment went missing
Found prior. Had made it a note
https://substack.com/@moonduck920197/note/c-162194630?r=l1yev