Strategy Stays Focused on Long-Term Bitcoin Metrics as Prices Turn Volatile
-

Short-term Bitcoin price movements are unpredictable and shouldn’t drive investment decisions, according to Strategy CEO Phong Le.Le said Bitcoin investors should take a “methodical and mathematical” approach, focusing on long-term indicators rather than daily price swings. Strategy tracks metrics such as mNAV — the company’s market value relative to its Bitcoin holdings — alongside its Bitcoin and US dollar treasuries.
As Bitcoin’s price declined, Strategy’s mNAV fell below 1, currently sitting at 0.93. The firm now holds more than 671,000 Bitcoin, valued at roughly $58.6 billion.