https://www.live-feeds.com/feed/mstr-s-btc-premium-has-vanished-as-enterprise-mnav-falls-below-1Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/mstr-s-btc-premium-has-vanished-as-enterprise-mnav-falls-below-1https://www.live-feeds.com/feed/mstr-s-btc-premium-has-vanished-as-enterprise-mnav-falls-below-1#u24406Sat, 04 Jul 2026 12:36:15 +0000Strategy Inc. has lost its Bitcoin premium as its enterprise mNAV fell below 1.0, meaning the market now values the company at less than its holdings of 847,363 BTC. The company has introduced a new capital framework allowing for the sale of up to $1.25 billion in Bitcoin.What's confirmed:Strategy Inc.'s enterprise mNAV fell below 1 for the first time.The company holds 847,363 BTC worth $50.2B.Strategy has authorized the sale of up to $1.25B in Bitcoin.The company is led by Executive Chairman Michael Saylor.Still unconfirmed:Strategy stock is trading at a 40% Bitcoin discount.