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CryptoQuant CEO: Selling BTC when mNAV is below 1 is not a wise move.
Golden Finance reported that CryptoQuant founder and CEO Ki Young Ju stated on social media that selling BTC when the mNAV (the ratio of company value to the value of Bitcoin it holds) is below 1 is not a wise move. Although this may benefit MSTR shareholders in the short term, it will ultimately harm BTC and, in turn, damage MSTR's interests, leading to a death spiral. Earlier news indicated that Strategy CEO stated, “Bitcoin will only be sold when mNAV falls below 1 and financing is not possible.”