The risk of MicroStrategy’s exclusion is already priced in
- MSTR closed down 9.56% yesterday, as market expectations that MSCI may exclude MicroStrategy have begun to be reflected in the share price. When the passive selling pressure actually materializes, there may be limited room for the stock to fall further.
- The company’s cash reserves can cover about three years of dividend payments. Its BTC holdings have an average cost of around $75,000, and the current price remains above that level. The net mNAV is unlikely to fall below 1; if it does, that could actually present a buying opportunity.
In the short term, whether the price can hold above MicroStrategy’s $75,000 cost basis is the key level to watch. If it fails to hold, MSTR’s net mNAV will come under real pressure. Are you adding to your position on this pullback, or waiting for $75,000?
$BTC $ETH $MSTR
- MSTR closed down 9.56% yesterday, as market expectations that MSCI may exclude MicroStrategy have begun to be reflected in the share price. When the passive selling pressure actually materializes, there may be limited room for the stock to fall further.
- The company’s cash reserves can cover about three years of dividend payments. Its BTC holdings have an average cost of around $75,000, and the current price remains above that level. The net mNAV is unlikely to fall below 1; if it does, that could actually present a buying opportunity.
In the short term, whether the price can hold above MicroStrategy’s $75,000 cost basis is the key level to watch. If it fails to hold, MSTR’s net mNAV will come under real pressure. Are you adding to your position on this pullback, or waiting for $75,000?
$BTC $ETH $MSTR