🚨 STRATEGY MELTDOWN @Strategy's common stock MSTR fell below $100 today for the first time since March 2024. Its market cap now trades at a discount to the Bitcoin it holds. The premium was how it managed to keep selling stock at favorable terms to buy BTC. That scheme has now collapsed. Preferred stock STRC also continues its slide and now sits at a record low of $80.85 "There's no analysis where owning MSTR instead of owning Bitcoin is a smart play today," says Arca CIO @jdorman81 Full breakdown here: https://thedefiant.io/news/markets/strategy-stock-falls-below-usd100-for-first-time-in-two-years-as-analysts-pick-apart-its-bitcoin(The Defiant)