Strategy shows that the stock price may drop, and the CEO hints at the possibility of selling Bitcoin.

date
01/12/2025
People are becoming increasingly concerned that if the price of Bitcoin continues to fall, Strategy may soon be forced to sell a portion of its approximately $56 billion cryptocurrency holdings. This concern has led to a drop in the company's stock price in pre-market trading on Monday. According to their official website data, Strategy's mNAV - a key valuation metric that compares the company's enterprise value to the value of Bitcoin it holds - was around 1.2 on Monday, sparking investor concerns about it potentially turning negative soon. Strategy CEO Phong Le stated on a podcast on Friday, "We can sell Bitcoin if we need funds to provide dividends when mNAV is less than 1, we will sell Bitcoin". He noted that this would only be done as a last resort.