MicroStrategy’s Bitcoin Holdings Push mNAV Below 1 to 0.993 as BTC Valuation Hits $65B

COINOTAG News reports on November 13 that MicroStrategy‘s mNAV—the Corporate Value-to-Bitcoin Holdings Value Ratio—has dipped below parity, registering 0.993. This shift underscores the firm’s Bitcoin allocation relative to its enterprise value and could influence risk-reward assessments for institutional crypto exposure.

Market data show MicroStrategy posted a 2.16% intraday decline, with an approximate $65 billion market capitalization. The company currently holds 641,692 BTC, valued at about $65.047 billion, with an average entry price of $74,085 per BTC.