Strategys mNAV has reached a concerning 19-month low, raising alarms about the company's financial health and future capital-raising efforts. This downturn comes in the wake of Bitcoin's impressive performance in 2025, which has outpaced the stock of MSTR, leading to significant implications for the firm. The publication provides the following information:
Decline in mNAV and Its Impact on Strategys
The decline in mNAV to 121x has created challenges for Strategys, particularly in its ability to secure funding through equity offerings. This situation has prompted the company to reevaluate its financial strategies, focusing on nondilutive income methods.
Adapting Financial Strategies
One such approach includes options selling, which may provide a more stable revenue stream without further diluting shareholder value. As the market landscape shifts, Strategys is adapting to ensure its long-term viability amidst the competitive pressures from cryptocurrency performance.
