Strategy’s bitcoin premium vanishes as mNAV crashes to 1x The colloquial metric of investor confidence in Strategy, its multiple-to-Net Asset Value or mNAV, has fallen to 1x its BTC holdings. The post Strategy’s bitcoin premium vanishes as mNAV crashes to 1x appeared first on Protos. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: Altcoins - @ January 7, 2026 8:03 pm