#DanielNadem

MicroStrategy is undervalued when viewed through a longer term lens. The market often prices it like a software company while overlooking the scale and leverage of its Bitcoin exposure. As Bitcoin appreciates, MSTR’s balance sheet strength expands disproportionately, yet sentiment lags behind that reality. Debt structure, time horizon, and conviction all matter here, and they are frequently misunderstood. When Bitcoin moves, MicroStrategy tends to magnify that move, but valuation does not always adjust immediately. That gap between perception and underlying value is where the opportunity sits. Understanding the structure explains why some investors see MSTR as mispriced, not risky, at current levels.