Schiff says Strategy entered a death spiral as mNAV dropped below one and STRC yields 15% despite its 12% dividend rate.

Michael Saylor said Strategy will remain disciplined in issuing new shares when its stock trades near net asset value and highlighted nearly $3.8 billion in dividend coverage…

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.

Schiff says Strategy entered a death spiral as mNAV dropped below one and STRC yields 15% despite its 12% dividend rate.

MSTR stock price has risen in the past few days.