Viewpoint: The trading price of Bitcoin is significantly discounted by 40% compared to its intrinsic value

BlockBeats News: On April 27th, Charles Edwards, founder of Capriole Investments, stated that since the halving event in April 2024, the energy value of Bitcoin has reached $130000. Compared to the current transaction price, the trading price of Bitcoin is significantly discounted by 40% compared to its intrinsic value. Energy Value "is a model designed to measure the functional relationship between the" fair value "of Bitcoin and the amount of energy used by miners worldwide to produce Bitcoin.