Strategy's enterprise mNAV has crossed below 1 for the first time, meaning the company's enterprise value now exceeds its bitcoin treasury. MSTR closed at $82.31, a 52-week low.

Strategy’s bitcoin bet faces pressure as BTC slides, MSTR sinks and investors reassess the firm’s leveraged treasury model.

Strategy (MSTR) plunged more than 10% to a two-year low near $92 as Bitcoin crashed below $60,000, wiping out billions in unrealized gains.

Strategy Inc. shares are falling Wednesday as Bitcoin breaks below $60,000 and crypto‑linked names sell off across the board.

The price of Bitcoin rapidly fell to nearly $58,000 after Strategy's STRC preferred shares notched a new low and MSTR fell alongside.

Strategy (MSTR) faces questions about BTC-backed financing strategy as shares drop 20%. Debates over dividend obligations and financing options.

For the past year, Strategy has been issuing and tapping preferred securities like STRC to raise capital for additional bitcoin purchases.

Strategy shares are slipping Thursday as Bitcoin continues to weaken, and uncertainty around major crypto catalysts lingers.

Strategy crashes below $100 for the first time in two years as analysts debate whether Saylor himself is now blocking Bitcoin's next rally.

Strategy shares plunged some more today as Bitcoin fell to $59,000.

Strategy Inc. has traded below the value of its 847,363 BTC holdings for seven months, with its mNAV ratio near 1.0 since November 2025.

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 fell below 1 as STRC hit a record low and Bitcoin traded near $60,000, pressuring its funding model.

For years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — a situation Michael Saylor and team took…

Strategy's enterprise mNAV has crossed below 1 for the first time, meaning the company's enterprise value now exceeds its bitcoin treasury. MSTR closed at $82.31, a 52-week low.

Strategy Inc.'s enterprise value has fallen below its Bitcoin holdings for the first time in years, with shares down 85% from their 2024 peak as crypto

Strategy (MSTR) unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund…

Strategy raises STRC's yield to 12% and skips a Bitcoin purchase for the first time in weeks as MSTR breaks below $100 support.

Strategy's mNAV ratio fell below 1.0 for the first time as its enterprise value dipped below its 847,363 BTC holdings worth $50.2B, erasing a key investor

Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad rally in bitcoin-linked stocks despite Bitcoin…

Strategy (MSTR) shares have lost around 41% of their value in June.