10x Research: MicroStrategy stock price is 60% higher than it should be worth

10x Research has posted on social media stating that MicroStrategy's stock is overvalued by 60%, and in reality, the stock price may be overvalued by nearly 100%. A year ago, MicroStrategy's stock price did not have a premium compared to Bitcoin, but now it has become a typical representative of the Bitcoin bull market, while the discount price of Grayscale GBTC represents the typical representative of the 2022 bear market. In fact, the trading price of the stock should be close to $1000, not in the range of $1700 to $2000.