Strategy (MSTR) mNAV Ratio Chart: Confidence Eroding

MSTR Market Net Asset Ratio is hovering around 0.75. This means that Strategy's total share price is equal to 75% of their BTC holdings. Since Strategy has 12% dividend obligations on their STRC shares, market confidence is likely low in Saylor and his company. Look for more near term BTC downside. Saylor may be pressed to sell at a loss again.