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Strategy's Market Value Drops Below Its Bitcoin Holdings for the First Time
Crypto

Strategy's Market Value Drops Below Its Bitcoin Holdings for the First Time

Strategy's enterprise mNAV has dipped below 1, meaning the market now values the company at less than its bitcoin holdings — a historic first for the Michael Saylor-led firm. The company's stock is down around 85% from its November 2024 peak.

June 27, 2026

Strategy's Bitcoin Premium Fades as Enterprise mNAV Drops Under 1
Crypto

Strategy's Bitcoin Premium Fades as Enterprise mNAV Drops Under 1

June 27, 2026

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