{"id":42451,"date":"2025-08-15T18:46:32","date_gmt":"2025-08-15T18:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42451"},"modified":"2025-08-15T18:46:32","modified_gmt":"2025-08-15T18:46:32","slug":"strategys-mstr-keeps-underperforming-bitcoin-whats-driving-the-divergence","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42451","title":{"rendered":"Strategy&#8217;s MSTR Keeps Underperforming Bitcoin: What&#8217;s Driving The Divergence?"},"content":{"rendered":"<div>\n<p><strong>Strategy<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) is lagging <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) despite BTC hitting all-time highs this week, raising concerns among traders about whether investing in the leading Bitcoin treasury company <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47033721\/strategy-acquires-155-btc-as-bitcoin-ethereum-etf-flows-accelerate\">still makes sense<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Strategy&#8217;s premium over its Bitcoin holdings has dropped sharply, with its basic net asset value (NAV) premium now at 1.4 and its self-reported mNAV at 1.61 \u2014 both at their lowest since February 2024. <\/p>\n<p>This decline has been ongoing since November 2024 and coincides with rare underperformance against BTC.<\/p>\n<p>Over the past six months, Bitcoin is up 20.5%, while MSTR has gained only 9.3%, a stark reversal from its historical tendency to outperform \u2014 including a 183% surge in the past year compared to BTC&#8217;s 98%. <\/p>\n<p>Traders point to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47165022\/strategys-mstr-keeps-underperforming-bitcoin-whats-driving-the-divergence\" alt=\"Strategy's\" mstr keeps underperforming bitcoin: what driving the divergence>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy (NASDAQ:MSTR) is lagging Bitcoin (CRYPTO: BTC) despite BTC hitting all-time highs this week, raising concerns among traders about whether investing in the leading Bitcoin treasury company still makes sense. What Happened: Strategy&#8217;s premium over its Bitcoin holdings has dropped sharply, with its basic net asset value (NAV) premium now at 1.4 and its self-reported [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42451","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42451"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42451\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}