MICROSTRATEGY STOCK DROPS 60% FROM PEAK AS MNAV APPROACHES 1
https://media.zenfs.com/en/thestreet_881/ed99a6812e364323fb5f92e0b0643968
✍️ MicroStrategy's stock has declined by 60% from its peak, with its multiple-to-net-asset-value (mNAV) approaching 1x, raising concerns about the company's valuation.
👉 MicroStrategy's stock has declined by 60% from its peak 👉 mNAV is approaching 1x, a concern raised by Jim Chanos 👉 Analysts speculate that the company may sell its Bitcoin to buy back equity 👉 The company currently holds over 641,692 BTC worth over $65 billion
-- #JimChanos #MichaelSaylor #AndreasStenoLarsen #JamesWynn #TedPillows #TobyCunningham #technology
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