However, currently the market capitalisation of MSTR is $90.645 billion USD, whilst they hold 386,700 BTC Bitcoins worth $35.735 billion USD.
For most traditional investors, this doesn't really make any sense. They ask the question:
They must ask themselves couple of very basic questions.
What is MicroStrategy?
What does MicroStrategy do?
Two basic questions can help them knowing that MicroStrategy is a company with many products and their investment into Bitcoin is not the only thing their company does.
So MicroStrategy marketcap must be bigger than their treasury part in Bitcoin, because they have other assets than Bitcoin.
The question is non sense .