MicroStrategy is facing multiple pressures: a downturn in the crypto market has led to a significant contraction in its market value to net asset value (mNAV) premium, its stock price is trading at a negative premium, the pace of Bitcoin acquisitions has slowed, executives are selling shares, and it risks being removed from indices like the Nasdaq 100. Debt Risks Overstated: Analysis points out that MicroStrategy's debt primarily consists of convertible bonds, with maturity dates spread betwe...
