Might not happen immediately, but at an mNAV of 1.01 it’ll still easily be a dilutive move for $MSTR shareholders on a Bitcoin per share basis. Bitcoin Yield was THE paramount metric for the company up until last month, when it started to break down.

Might not happen immediately, but at an mNAV of 1.01 it’ll still easily be a dilutive move for $MSTR shareholders on a Bitcoin per share basis. Bitcoin Yield was THE paramount metric for the company up until last month, when it started to break down.

MSTR isn't something I'd DCA. I look at the MSTR/BTC ratio, not the dollar chart, and there are really only two times to buy it: deep capitulation on that ratio, or once Bitcoin's confirmed the bull above the 50 week SMA. Anywhere else, you're better off just holding Bitcoin.