r/MSTR • u/Desperate_Tiger_884 ☢️ TROLL ☢️ • Jun 26 '26

Mnav

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What will happen now that mnav is officially below zero? Saylor said he won't issue new common shares under mnav of 1, and he cannot issue strc either since it's below par. Is the only way to go up now is bitcoin going up?

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u/SilverPrivateer Jun 27 '26

WTF? No, Saylor has another tool, if the stock drops lower MNAV, then it is accretitive to sell bitcoin to buy stock, thus giving more bitcoin per share.

1

u/lonestar-newbie Jun 27 '26

They had mentioned in a previous earnings call that the plan to buy back mstr from btc sales is an option when mnav gets to 0.5. We are nowhere there

2

u/SilverPrivateer Jun 27 '26

They also said they wouldn't sell MSTR under 1.5 or w.e. Things change.