Michael Saylor's Bitcoin strategy just hit a major test.
For the first time this cycle, Strategy's mNAV has fallen below 1.0.
That weakens its ability to issue shares and buy more BTC.
The flywheel is slowing.
The next move could define the future of the Strategy model. 👀₿
#MichaelSaylor #strategy $BTC
#KioxiaADRFallsOver14%
For the first time this cycle, Strategy's mNAV has fallen below 1.0.
That weakens its ability to issue shares and buy more BTC.
The flywheel is slowing.
The next move could define the future of the Strategy model. 👀₿
#MichaelSaylor #strategy $BTC
#KioxiaADRFallsOver14%