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Strategy's Enterprise mNAV Drops Below 1 for the First Time

By thedefiant.io · · 1 min read
Strategy's Enterprise mNAV Drops Below 1 for the First Time

Strategy's enterprise market-to-NAV ratio crossed below 1 on Thursday for the first time, putting the combined weight of its debt, preferred stock, and equity above the value of its 847,363-bitcoin treasury and closing the equity-accretion

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