Jeff Dorman has criticized the strategy of selling stock to purchase Bitcoin, stating it only makes sense when the market Net Asset Value (mNAV) exceeds 1.26. Currently, the mNAV is at 1.23, suggesting the approach may not be beneficial. Dorman's comments imply that even Michael Saylor, known for his aggressive Bitcoin acquisition strategy, might acknowledge that the company's growth engine is no longer accretive.
Jeff Dorman Criticizes Bitcoin Stock Strategy Amid mNAV Concerns
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