Ran some numbers.
$MSTRB has historically behaved like ~1.5× $BTC in price scaling.
BTC +10% → MSTR ~+15%
BTC 2× → MSTR ~2.85×
β = 1.51
R² = 0.914
Robust fits: 1.51–1.55×
Important: descriptive, not predictive.
Cointegration p ≈ 0.18.
MSTR has been a ~1.5× BTC growth amplifier with more return/risk.
$MSTRB has historically behaved like ~1.5× $BTC in price scaling.
BTC +10% → MSTR ~+15%
BTC 2× → MSTR ~2.85×
β = 1.51
R² = 0.914
Robust fits: 1.51–1.55×
Important: descriptive, not predictive.
Cointegration p ≈ 0.18.
MSTR has been a ~1.5× BTC growth amplifier with more return/risk.