MSTR stock has essentially lost its valuation premium to its bitcoin holdings as its financial engineering backfires.
News
Strategy Is Now Barely Worth Its Weight In Bitcoin
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08:49 AM ET 07/17/2026
Strategy's valuation premium to its bitcoin holdings has been almost entirely erased, according to the company's own metric. That puts the biggest bitcoin whale at risk of being tagged by Wall Street as a value destroyer. In other words, the financial architecture Strategy (MSTR) created in order to amass the cryptocurrency is now seen as close to worthless. It may…
'Not a Dent or a Scratch'—How Strategy Defies Naysayers in the Bitcoin Bear Market - Strategy (NASDAQ:MST
Strategy Stock Rises After $263.5 Million Sale Announcement - Strategy (NASDAQ:MSTR)
Strategy sells $467 million in MSTR shares, makes no bitcoin purchases as USD reserve hits $3 billion
Strategy (MSTR) Raises $467M, Skips Bitcoin Buy Again
Strategy sells $263.5 million in MSTR shares, buys no bitcoin as USD reserve tops $3.2 billion
Strategy's STRC briefly fell to a record low of $71.40 on Friday, leaving the preferred shares about 25% below par.
Strategy's enterprise mNAV has dropped below 1x as Bitcoin's decline to $60,000 erases billions in value, ending the premium that…
Grayscale Head of Research Zach Pandl says Strategy Inc.’s (NASDAQ:MSTR) ability to accumulate more Bitcoin
Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad…
Strategy stock jumps 5% as its $3B cash reserve and share sales help protect dividends through Bitcoin’s bear market.
Strategy shares are slipping Thursday as Bitcoin continues to weaken, and uncertainty around major crypto catalysts lingers.
