📌 Strategy Now Trades for Less Than Its Bitcoin as mNAV Breaks Below 1 – Strategys enterprise mNAV fell below 1 on Friday, meaning markets valued the bitcoin-treasury firm below its own holdings. Its STRC preferred shares hit a record low near $71, roughly 26% under par.
$BTC
Strategy Now Trades for Less Than Its Bitcoin as mNAV Breaks Below 1
Strategy’s enterprise mNAV slipped below 1 on Friday, valuing the bitcoin‑treasury firm beneath its own #Bitcoin holdings. STRC preferred shares plunged to a record low near $71, about 26% under par. The gap underscores market skepticism over the firm’s valuation and may spur arbitrage, buybacks or balance‑sheet moves as investors reassess risk.
#Macro Insights#
Bitcoin 
Ethereum 
Tether 
BNB 
USDC 
XRP 
Solana 
TRON 
Figure Heloc 
Hyperliquid