Citing Coinotag, MicroStrategy recently transferred 58,915 BTC, valued at $5.77 billion, to new wallets, sparking speculation about potential sales and contributing to Bitcoin’s decline to its lowest levels since May 2025. The move, likely for custody restructuring, has intensified market volatility and led to a sharp drop in MSTR stock. The company’s Net Asset Value (NAV) multiple has fallen below 1 for the first time, indicating the market now values its shares at less than the underlying Bitcoin holdings. Analysts suggest no immediate forced liquidation is expected if MSTR stock remains above key thresholds.
MicroStrategy Transfers $5.77B in Bitcoin, Spurring Market Volatility and NAV Concerns
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