NAV Threatens | Crypto

Strategy has seen its mNAV hover around 1.0, as the stock has slid 66% from July, leaving investors weighing if direct Bitcoin offers cheaper exposure. The firm holds 672,497 BTC and has raised $747.8M via ATM sales, saying cash covers about 21 months of payouts. Bitcoin has traded near $90K lately. The post Michael Saylor’s Strategy Nears “Danger Zone” as mNAV Threatens to Slip Below 1 appeared first on Cryptonews.