Norway’s sovereign wealth fund has lost over $200M in MSTR
The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.
The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.
The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks.
Based on Michael Saylor’s most recently disclosed MSTR and BTC holdings, his personal losses likely exceed $4B in the past six months.
Strategy investors panicked into trades after fake news about the company selling BTC earned millions of social media impressions.
Strategy investors invented the term “mNAV” to boast about overpaying for MSTR stock. That came back to haunt them.