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 …