According to @StockMKTNewz on Jan 5, 2026, Michael Saylor and MSTR had a 17.44 billion unrealized loss in Q4 driven by Bitcoin’s performance during the quarter (source: @StockMKTNewz). According to @StockMKTNewz, MSTR is currently trading around 1x mNAV, indicating pricing near its implied net asset value (source: @StockMKTNewz).