MicroStrategy Stock May Lose Bitcoin Premium With ETF Approval, But Underlying Business Remains
-
MicroStrategy's stock has surged as Bitcoin has risen, but premium may shrink with Bitcoin ETF approval
-
Company itself has warned its premium could be eliminated if seen just as crypto proxy
-
Some analysts think ETF approval will boost Bitcoin price, offsetting premium reduction
-
MicroStrategy has large Bitcoin holdings, but also an underlying software business
-
Company expected to report steady Q3 revenue and higher earnings versus last year