Strategy mNAV has fallen below 1, resulting in a market capitalization that has dropped below $47 million in Bitcoin holdings. This decline indicates a significant shift in the financial standing of the strategy. Investors may be concerned about the implications of this drop, as it reflects a decrease in the overall value of the assets held. The market cap falling below $47 million suggests a potential loss of confidence among stakeholders. The situation raises questions about the future performance of the strategy and its ability to recover from this downturn.
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