Strategy’s Bitcoin mNAV collapses to 1.174, lowest since February 2024

Strategy’s market net asset value (mNAV) compared to Bitcoin (BTC) its holdings dropped to 1.174 on Oct. 10, the lowest level in almost two years. The company’s shares fell 3% to $307.95 amid broader weakness in the crypto market, translating to a market cap of $88.4 billion. Strategy is the 121st-largest US public company, holding The post Strategy’s Bitcoin mNAV collapses to 1.174, lowest since February 2024 appeared first on CryptoSlate.