Strategy’s Bitcoin mNAV collapses to 1.174, lowest since February 2024
Strategy’s market net asset value (mNAV) compared to Bitcoin (BTC) its holdings dropped to 1.174 on Oct. 10, the lowest level in almost two years. The company’s shares fell 3% to $307.95 amid broader weakness in the crypto market, translating to a market cap of $88.4 billion. Strategy is the 121st-largest US public company, holding …
No comments yet. Be the first to add a perspective.