Stock price now lags behind the cryptocurrency price! MSTR, the “largest Bitcoin treasury,” becomes the focus as CEO firmly denies sell-off, vowing to “continue accumulating coins.”
Strategy’s stock price has plummeted 32% over the past month, reducing the company’s market capitalization to USD 59 billion while the value of its Bitcoin holdings amounts to USD 62.3 billion. This implies that the relative net asset value (mNAV) multiple has fallen to approximately 0.95x. CEO Saylor stated: ‘We will announce the next round of purchases on Monday morning, and I believe people will be pleasantly surprised.’
The world’s largest ‘Bitcoin treasury’ company $Strategy (MSTR.US)$ is facing severe challenges as its market capitalization has fallen below the total value of its Bitcoin holdings.
On Friday, as the price of Bitcoin dropped below USD 95,000, hitting a six-month low, MicroStrategy’s stock price fell 32% over the…
