Strategy loses its bitcoin premium as enterprise mNAV dips below 1
Covered by 2 sources · 2 articles
2 outlets - including Cryptoadventure and Theblock - are covering this story. Strategy’s enterprise mNAV has closed below 1 for the first time, marking a major break in the premium that long defined Michael Saylor’s Bitcoin treasury company. Strategy holds 847,363 BTC worth about $50.9 billion and an enterprise value…
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Strategy Enterprise mNAV Falls Below 1 As Bitcoin Treasury Stress Deepens
Strategy’s enterprise mNAV has closed below 1 for the first time, marking a major break in the premium that long defined Michael Saylor’s Bitcoin treasury company. Strategy holds 847,363 BTC worth about $50.9 billion and an enterprise value…
Strategy loses its bitcoin premium as enterprise mNAV dips below 1
Strategy's STRC briefly fell to a record low of $71.40 on Friday, leaving the preferred shares about 25% below par.