MSTR its days like this where you realize MSTR’s value over BITX . Every time the NAV premium tightens it’s like a coil for the next big spring. I don’t watch MSTR’s share price but I do keep noticing the Market/Enterprise value keep increasing this is now a 100 billion dollar company.. have to tip the hat to Saylor
MSTR interestingly the situation is compounded by share dilution, insider selling, and unfavorable GAAP accounting treatment for BTC holdings (impairments without upward revaluation), creating a persistent drag on book value and sentiment.
It just reported a $5.9B unrealized loss on BTC under the new FASB fair value rules — earnings now fully exposed to Bitcoin price swings. This isn’t the old impairment model anymore; volatility directly hits the income statement. With ongoing dilution, insider selling, and now other firms (GameStop, Trump Media) copying this high-risk treasury model, the pressure is building. If BTC breaks lower, this whole structure could unravel fast. Market’s been front-running the narrative since early 2024 now it’s time to price in the downside reality.
MSTR remains in a tight range, but compression at these levels rarely lasts. If BTC fails to hold its support zone — especially in the context of the Fed’s “higher for longer” stance — the window for price stability may be closing. Momentum appears fragile, and time may not be on its side. 😎 #Short #Stock has no impact from theta value factor
MSTRBTCUSD notice the btc rsi on the 4hour chart and macd, its been doing the same as it did since 20 april, it goes down alot while btc consolidating between key support and resistance levels , now rsi nearing oversold zone its getting ready for a new rally
MSTRBTCUSD big strength in mstr , bitcoin has reached key support level wich makes short starting to step out of their positions or mstr thats why mstr is going up while btc going down, shorts cashing out their profits when btc testing its major support level, if btc recovers from 107k and continus its bullrun, wich it will. mstr will go higher as it was before