Cryp2Nova

Entities Mstr Vsbtc Sthmvrv Mstr Vsbtc Sthmvrv

Bitcoin

This compares the Short-Term Holder MVRV of Bitcoin against that of Strategy's Bitcoin position.

Why it matters

It shows whether Strategy's recent cost basis is more or less stretched than the broader market's.

How it is built

Bitcoin STH-MVRV and Strategy STH-MVRV are plotted together.

What to watch

Divergence highlights when the corporate proxy is richer or cheaper than underlying Bitcoin.

Related metrics