According to @ki_young_ju on X on Dec 1, 2025, selling Bitcoin below 1x mNAV could benefit MicroStrategy (MSTR) shareholders but would hurt Bitcoin, indicating negative price impact risk for BTC. According to @ki_young_ju on X on Dec 1, 2025, the 1x mNAV level is the key threshold traders should watch when assessing potential MSTR-related BTC supply overhang. According to @ki_young_ju on X on Dec 1, 2025, sub-mNAV sales are unfavorable for Bitcoin’s market health even if they support MSTR equity, suggesting caution around BTC exposure if this condition emerges.