MSTR: Enterprise mNAV Closes Below 1 for First Time

MSTR enterprise mNAV closed below 1 for the first time, signaling the market now values the company below its BTC stack and expects potential sales of 1% of holdings.

BTC trades at $60168.35 inside Bollinger Bands with upper resistance at $61518.35. Price sits below EMA50 at $61657.79 and far under EMA200 at $66661.61, confirming the bearish structure, yet MACD golden cross at -501.07 and neutral RSI at 44.15 suggest momentum may stabilize before any deeper test of lower band support at $59010.87.