精选85The Defiant（RSS）加密货币多源精选 ×20
Strategy企业mNAV首次跌破1
Strategy's Enterprise mNAV Drops Below 1 for the First Time
推荐理由
MSTR的mNAV跌破1是标志性事件，反映比特币持仓价值与公司市值背离，值得加密和宏观投资者关注后续风险。
Strategy's enterprise market-to-NAV (mNAV) ratio has crossed below 1 for the first time, as the company's combined debt, preferred stock, and equity now exceed the value of its bitcoin treasury. MSTR shares closed Thursday at $82.31, a 52-week low, amid a sustained slide in both the stock and its... Read the full story at The Defiant
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力