MicroStrategy’s Premium Weakens

[madtrader]

MicroStrategy’s mNAV fell below 1 for the first time in years and is only back to 1.21 — far below the “healthy” level of 2+.
Its stock is down 50% since July, fueling Schiff’s warning that the business model is cracking under BTC volatility.

[EmTeam]

Shift in premium shows investors are finally reassessing risk vs exposure.

[alex10]

MicroStrategy’s BTC-heavy strategy is facing natural market pressure now.