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Strategy's Bitcoin Math Trap: Saylor's Flywheel Is Now Running in Reverse episode artwork

EPISODE · Jul 6, 2026 · 5 MIN

Strategy's Bitcoin Math Trap: Saylor's Flywheel Is Now Running in Reverse

from SpendNode Podcast: Crypto News & Analysis

WSJ says Strategy is caught in a math trap: 847,363 BTC underwater, mNAV near 0.80, and a $1.2B annual preferred dividend bill. The flywheel has reversed. Read the full article: https://www.spendnode.io/blog/strategy-bitcoin-math-trap-flywheel-reverse-july-2026/

What this episode covers

WSJ says Strategy is caught in a math trap: 847,363 BTC underwater, mNAV near 0.80, and a $1.2B annual preferred dividend bill. The flywheel has reversed. Read the full article: https://www.spendnode.io/blog/strategy-bitcoin-math-trap-flywheel-reverse-july-2026/

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Strategy's Bitcoin Math Trap: Saylor's Flywheel Is Now Running in Reverse

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Frequently Asked Questions

How long is this episode of SpendNode Podcast: Crypto News & Analysis?

This episode is 5 minutes long.

When was this SpendNode Podcast: Crypto News & Analysis episode published?

This episode was published on July 6, 2026.

What is this episode about?

WSJ says Strategy is caught in a math trap: 847,363 BTC underwater, mNAV near 0.80, and a $1.2B annual preferred dividend bill. The flywheel has reversed. Read the full article:...

Can I download this SpendNode Podcast: Crypto News & Analysis episode?

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