BitcoinHouse MY on Nostr: Saylor took seven minutes to explain "mNAV" at BTC Prague, yet nobody could follow. ...
Saylor took seven minutes to explain "mNAV" at BTC Prague, yet nobody could follow. Meanwhile, Strategy sits on a $9 billion unrealized loss because when you don't control the narrative, the market does the talking.
Here's the self-custody parallel: if you can't explain in one sentence where your bitcoin actually is, you don't control it. "It's on an exchange" isn't an answer it's a liability wrapped in jargon. Saylor's confusion over metrics? That's what happens when you optimize for everything except the one thing that matters: keys.
Your bitcoin doesn't need a multiple. It needs a wallet you control.
https://protos.com/it-took-michael-saylor-seven-minutes-to-define-mnav/#SelfCustody
Published at
2026-06-13 17:00:00 UTCEvent JSON
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"content": "Saylor took seven minutes to explain \"mNAV\" at BTC Prague, yet nobody could follow. Meanwhile, Strategy sits on a $9 billion unrealized loss because when you don't control the narrative, the market does the talking.\n\nHere's the self-custody parallel: if you can't explain in one sentence where your bitcoin actually is, you don't control it. \"It's on an exchange\" isn't an answer it's a liability wrapped in jargon. Saylor's confusion over metrics? That's what happens when you optimize for everything except the one thing that matters: keys.\n\nYour bitcoin doesn't need a multiple. It needs a wallet you control.\n\nhttps://protos.com/it-took-michael-saylor-seven-minutes-to-define-mnav/\n\n#SelfCustody",
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