Experts are raising concerns aboutMicroStrategy's (NASDAQ:MSTR) increasingly leveragedBitcoin(CRYPTO: BTC) strategy, as its Net Asset Value (NAV) premium narrows and the pace of its Bitcoin acquisitions slows.

Analysts tell Benzinga the market is maturing beyond reliance on singular entities like MicroStrategy, and the company must now demonstrate strategic value beyond simply holding Bitcoin.

This shift marks a critical juncture as the cryptocurrency market seeks sustainable growth independent of individual players.

A Protos story highlights that in the past month, MSTR declined 12% while Bitcoin rose 3%.

This discrepancy has raised questions about the sustainability of MicroStrategy's approach...