mNAV (Market-adjusted Net Asset Value) is the primary metric used to value MicroStrategy. It compares the company's total market value (enterprise value) to the real-time market value of its Bitcoin holdings. mNAV > 1 (Premium): The stock is worth more than its Bitcoin. This
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mNAV (Market-adjusted Net Asset Value) is the primary metric used to value MicroStrategy. It compares the company's total market value (enterprise value) to the real-time market value of its Bitcoin holdings. mNAV > 1 (Premium): The stock is worth more than its Bitcoin. This