According to CoinMeta, legendary bearish investor Charlie Munger stated that MicroStrategy (MSTR) is one of the largest pure arbitrage opportunities he has ever seen. He believes that there is an operable gap of $80 billion between MicroStrategy's holdings and its Bitcoin position. MicroStrategy currently holds approximately 847,363 Bitcoins, which, at a price of around $64,000 per Bitcoin on August 18th, are valued at about $54 billion. Munger pointed out that owning MicroStrategy not only provides access to Bitcoin but also involves the company's debt, preferred securities, financing costs, software business, and management decisions. Munger has previously mentioned that MicroStrategy's trading price is far higher than the value of its Bitcoin holdings.