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Michael Saylor Says Strategy’s ‘Anti-Fragile’ Structure Makes Trading Below Net Asset Value ‘Good For Me’ – Strategy (NASDAQ:MSTR)

Strategy Inc. MSTR Executive Chairman Michael Saylor dismissed concerns about his company potentially trading below net asset value, saying that the firm’s operational flexibility would allow it to profit from such scenarios unlike closed-end trusts.

What Happened: “If you’re a closed-end trust and you trade below NAV, that’s death. If you’re an operating company and we trade below NAV, we just get to monetize that—that’s good for me,” Saylor said during a Q&A session at the Bitcoin Conference, contrasting Strategy’s structure with Grayscale‘s Bitcoin Trust, which previously traded at significant discounts.

Saylor emphasized that Strategy’s status as an operating…

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