“MicroStrategy is trading down into its NAV as the premium collapses, because handing capital to Saylor to leverage no longer beats real productive uses.”
“you suddenly have this narrative come to a head where you have MicroStrategy right now is really struggling and Bitcoin's lost for a bit of a narrative... Is the best use of my money and capital to just give it to Saylor to sit and either do more financial leverage or do nothing with? There's things to do with capital now.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.