Key Takeaways MSTR shares fell nearly 50% in 3M, pressured by Bitcoin volatility, mNAV compression and weak technicals.Strategy holds about 671,268 BTC, making Bitcoin its primary reserve asset and a scale edge over peers.MSTR raised about $6.7B via preferred securities and trades at a 0.91x P/B, well below its industry average.Strategy (MSTR) , the world’s largest corporate Bitcoin holder, has seen its shares tumble 49.7% over the past three months, sharply underperforming the Zacks Finance sector’s growth ...