MicroStrategy fair-value estimates for Friday.

mDAG = 0.948 (share price is 5.2% below fair value)

mBTC = 3.94/1000
$MSTR ≈ 3.94 * $BTC in $K (thousands of US dollars). 

For example:
$BTC = 102,500
$MSTR fair price = 3.94 * 102.5 = $403.85

Current (bull phase) beta is 1.41 (for each 1% $BTC increase, $MSTR tends to gain 1.41%). For $MSTU and $MSTX, current beta is 2.74 and 1.29, respectively.

$MSTU is tracking at 2.05 * $MSTR (slightly above 2x expectation)
$MSTX is tracking at 0.98 * $MSTR (well below 2x expectation, about the same as $MSTR)

Fair prices, gaps, and performance ratios for $MSTR, $MSTU, and $MSTX are shown below.