Strategy’s Bitcoin Premium Turns Negative as mNAV Drops Below 1
The post Strategy’s Bitcoin Premium Turns Negative as mNAV Drops Below 1 appeared first on Coinpedia Fintech News Michael Saylor’s Strategy is now valued at less than the market value of the Bitcoin it holds, with its mNAV ratio falling below 1 for the first time in the current cycle.
The company previously traded at a significant premium, helping fund additional Bitcoin purchases through share sales. Management has said issuing shares below roughly …
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