{"id":477806,"date":"2025-08-19T15:30:03","date_gmt":"2025-08-19T15:30:03","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=749809"},"modified":"2025-08-19T15:30:03","modified_gmt":"2025-08-19T15:30:03","slug":"behind-strategys-mnav-debate-leverage-risk-and-bitcoin","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/08\/19\/behind-strategys-mnav-debate-leverage-risk-and-bitcoin\/","title":{"rendered":"Behind Strategy\u2019s mNAV Debate: Leverage, Risk, and Bitcoin"},"content":{"rendered":"<p><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2025\/08\/bbeees-768x432.png\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Behind Strategy&#039;s mNAV Debate: Leverage, Risk, and Bitcoin\" loading=\"lazy\" style=\"float:left;margin:0 15px 15px 0\" \/>Strategy, formerly Microstrategy, faces intense scrutiny after investors claim it abandoned a key safeguard against share dilution, reigniting debates over the premium valuation of its bitcoin-heavy treasury. MSTR\u2019s mNAV Policy Reversal Draws Scrutiny Strategy, known until recently as Microstrategy (Nasdaq: MSTR), has fundamentally transformed since 2020 from a business intelligence software firm into a corporate [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategy, formerly Microstrategy, faces intense scrutiny after investors claim it abandoned a key safeguard against share dilution, reigniting debates over the premium valuation of its bitcoin-heavy treasury. MSTR\u2019s mNAV Policy Reversal Draws Scrutiny Strategy, known until recently as Microstrategy (Nasdaq: MSTR), has fundamentally transformed since 2020 from a business intelligence software firm into a corporate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":477807,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-477806","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/477806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=477806"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/477806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/477807"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=477806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=477806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=477806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}