Michael Saylor hints that company valuations are returning to the fair value of their Bitcoin holdings; the author of "The Great Harvest" suggests a large-scale BTC buying spree is imminent.

[Michael Saylor Hints at Company Valuation Returning to Fair Value of Bitcoin Holdings; "The Great Harvest" Author Says Massive BTC Buying Is Imminent] Mars Finance reports that Strategy's Executive Chairman, Michael Saylor, posted a screenshot of his latest asset dashboard on the X platform with the caption "Back to Orange." According to Saylor's chart, as of December 15th, after the latest purchases, Strategy holds 671,268 BTC, with a total book value of approximately $58.9 billion. The company's stock price's corresponding mNAV has fallen to near or slightly below 1x, meaning the stock price is almost equal to (and occasionally even lower than) the fair value of its Bitcoin holdings. Bitcoin enthusiast and "The Great Harvest" author Adam Livingston posted an interpretation, stating that a massive BTC buying spree is imminent. He predicts that the full-year Bitcoin return in 2025 will close at around 25%. The current "floor price" for 1x mNAV has risen to $148.40 per share, a significant increase from $118.00 a year ago.