Strategy’s NAV falls under 1, critics raise alarm after $5.7B Bitcoin wallet move

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Strategy’s NAV falls under 1, critics raise alarm after $5.7B Bitcoin wallet move

Strategy’s NAV falls under 1, critics raise alarm after $5.7B Bitcoin wallet move

Strategy moves $5.7 billion in Bitcoin as its net asset value to its Bitcoin holdings drops below one for the first time, sparking valuation concerns amid marketwide speculation.