MSTR Commentator$Strategy(MSTR.US) dropped from 450 to 150, mainly due to the elimination of MNav premium valuation. This week it fell from 150 to 100, with a decline roughly in sync with Bitcoin, as there was no premium left at 150. At this price, most miners are already operating at a loss. It remains to be seen when large-scale shutdowns or defaults will occur, but at the current price, it's unlikely. However, some negative news might trigger further selling.
In the long term, regulatory compliance is expected to drive industry growth, and Walsh's stance on crypto (likely more favorable than Powell's) will likely become clearer around April.
What would happen if you hold 60,000 worth of spot for 2-3 years?
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