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Strategy's mNAV closed below 1 for the first time in history.
The market is no longer willing to pay a premium for MSTR over the value of its BTC reserve. That means it will be significantly harder for Michael to raise new capital to buy Bitcoin.
What this means for the market - in Weekly Engine #102. Also in this issue - the full weekly breakdown: what the data is showing, which signals have triggered, which new triggers have appeared, and what verdict Weekly Engine is giving Bitcoin investors right now.