Bitcoin24h $74,002.03+0.46%

Ethereum24h $2,030.84+0.64%

BNB24h $738.51+12.35%

XRP24h $1.34-1.31%

Solana24h $83.05+0.23%

TRON24h $0.3453+0.17%

Hyperliquid24h $68.49+4.75%

Dogecoin24h $0.1010-0.39%

UNUS SED LEO24h $10.07+0.06%

Zcash24h $536.64-0.06%

CHART: mNAV down across bitcoin treasury companies

The premium that investors are paying for BTC treasury companies continues to decline. In other words, mNAV compression is real.

No, a quantum computer didn’t break SHA-256 or Bitcoin

Yet again, Bitcoin was the target of fake news about a non-existent quantum computer cracking SHA-256 cryptography.

Strategy has been adding BTC to its treasury at its slowest rate in five years. Worse, its mNAV is also falling.

Donald Trump has embraced BTC, but despite that, it’s seen a much smaller relative appreciation under his leadership than it did under Biden.

Amid a historic rally in gold over the last 12 months, BTC investors are losing confidence in it becoming digital gold.