Why is crypto crashing? https://t.co/8eHuDd6Hsy
— Dividend Hero (@HeroDividend) December 1, 2025
JUST IN: Strategy says they will sell their #Bitcoin if its stock falls below mNAV and fresh capital dries up.
Remember when Saylor lied and said they would never sell? It’s not even been 6 months and they’re already prepping to sell as Bitcoin fails.
— Jacob King (@JacobKinge) November 30, 2025
Bitcoiners claim gold’s value is purely subjective, but that’s false. Gold has objective value as a metal with conductivity, malleability, corrosion resistance, and real industrial and commercial uses. Bitcoin’s value is purely subjective, as it has no utility beyond belief.
— Peter Schiff (@PeterSchiff) December 1, 2025
MicroStrategy Admits a Bitcoin Sale Is Possible—Here’s When
“mNAV compares MicroStrategy’s market value to the value of its Bitcoin holdings. When mNAV drops below 1, the company becomes worth less than the Bitcoin it owns.”
“As of November 30, mNAV hovers near 0.95x, edging uncomfortably close to the 0.9x “danger zone.””
“The pressure stems from $750–$800 million in annual preferred share dividend payments, issued during MicroStrategy’s Bitcoin expansion.
Previously, the company used new equity issuances to cover these costs. With the stock down more than 60% from its highs and market skepticism rising, that avenue is narrowing.”
Bitcoin and ether fell sharply on Monday, as the recent sell-off in cryptocurrencies resumed.
Bitcoin was last seen at about $84,305.26 at 11:25 a.m. ET, a slide of nearly 8%. Ether dropped around 10% to hit $2,732.22.
Solana had fallen about 10%, and was last seen around $124, while other closely watched tokens were also in the red.
The biggest corporate holder of bitcoin has announced a U.S. dollar dividend reserve of more than $1 billion, days after its top executive laid out what might force the company to sell some of its $56 billion in bitcoin holdings.
Today is the beginning of the end of $MSTR. Saylor was forced to sell stock not to buy Bitcoin, but to buy U.S. dollars merely to fund MSTR’s interest and dividend obligations. The stock is broken. The business model is a fraud!
I'd quite confidently say we are somewhere in the region of anxiety and denial. Next up will be panic.
I expect that to bring us down to my initial price target of $67k. (previous cycles ATHs).
However, with that being said. I do believe we will go as low as the 40's – 50's.… pic.twitter.com/oIwtLjOOiv
— James Wynn (@JamesWynnReal) December 1, 2025