Strategy's enterprise mNAV has dropped below 1x as Bitcoin's decline to $60,000 erases billions in value, ending the premium that powered its buying spree.

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'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 continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.

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…

Bitcoin dropped over 3% to $58K after Strategy Inc authorized up to $1.25 billion in BTC sales, marking a major shift from its accumulation-only playbook.

Strategy's enterprise mNAV has dropped below 1x as Bitcoin's decline to $60,000 erases billions in value, ending the premium that powered its buying spree.