Bitcoin treasuries get new valuation metric — MmC
Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.”
Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.”
For more than six months, Michael Saylor’s MicroStrategy has failed to attain a new high on its BTC premium per share.
Nakamoto CEO David Bailey has explained the circumstances under which he would sell his treasury of bitcoin.
Crypto traders invented the term ‘mNAV,’ a simplistic ratio to explain how much they overpay for crypto holdings. It can exceed 8X.
Jack Mallers will serve as the dual CEO of Strike and Twenty One. His new venture already has a post-merger valuation above $9B.