Michael Saylor’s Crypto Gamble Loses $18B-But Can It Bounce Back? 🤯

MicroStrategy (MSTR), the largest corporate holder of bitcoin and long seen as a leveraged bet on the crypto, has shed nearly $18 billion in market value as enthusiasm dried up and its net asset value (mNAV) premium collapsed in recent months. If this were a shopping cart full of melons, you’d be picking up the pieces at the curb.