Sunday, November 30, 2025

What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short

NYDIG’s research head questions how mNAV is used to assess bitcoin treasuries, arguing it masks key risks tied to capital structure and equity dilution.

source https://www.coindesk.com/business/2025/11/30/what-mnav-really-tells-you-about-bitcoin-treasury-companies-and-where-it-falls-short

No comments:

Post a Comment

Bitcoin Dipped Below 'Fair Value' for First Time in 2 Years, History Says 132% Gains Next 12 Months

Network reset complete: leverage flushed, LTHs accumulating and price back above fair value. source https://www.coindesk.com/markets/2025/...