The two largest Bitcoin treasury companies, MSTR and Metaplanet, both have a positive mNAV of 1.19 and 1.17.


This follows a +50% correction in Bitcoin's price.
mNAV is a forward-looking metric.
It captures market expectations of future BTC scaling.
The premium exists because of anticipated growth in BTC holdings beyond current levels, not just today's snapshot.
When mNAV compresses toward or below 1x, it signals fading confidence in that future accretion story.
BTC-3,38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)