The largest corporate Bitcoin treasury Strategy’s (previously MicroStrategy) key metric mNAV has slipped to its lowest ever. It follows a more than 8% drop in MSTR stock price despite announcing a massive 10,645 BTC purchase worth $950 million. Strategy’s mNAV Slips to 1.10 as Bitcoin Tanks to $85K MicroStrategy’s mNAV, a ratio of enterprise value

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