MSTR's net asset value just dipped to 1.04—a clear signal that Bitcoin and the broader market are hitting some rough patches. When a major investment vehicle tracking Bitcoin starts stumbling like this, it's worth paying attention. The numbers tell a story: weak performance across the board is dragging down what should be a straightforward bet on crypto's largest asset. Right now, traders are watching whether this bounce-back moment or the start of something deeper. Market sentiment remains fragile, and every data point becomes crucial for positioning. Whether you're holding Bitcoin or tracking funds exposed to it, the current struggle is real.