
MicroStrategy ($MSTR) is noted to be down 1% year-to-date, significantly underperforming Bitcoin ($BTC) which is up 24%. The author suggests the premium on MSTR's Net Asset Value (NAV) has evaporated, predicting further stock decline and potentially a "Black Swan" event for the company.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.