Bitcoin24h $79,320.65-1.61%

Ethereum24h $2,253.38-1.45%

BNB24h $669.22+0.27%

XRP24h $1.42-1.56%

Solana24h $90.86-4.09%

TRON24h $0.3498-0.05%

Dogecoin24h $0.1126+2.27%

Hyperliquid24h $38.81-4.22%

Cardano24h $0.2635-3.13%

UNUS SED LEO24h $10.04+0.49%

Michael Saylor continues to dilute MSTR after modifying promise

Michael Saylor is taking advantage of revised corporate guidance that would have limited MSTR dilution between 1x and 2.5x mNAV.

Crypto treasury companies are trading for less than their holdings

There is a concerningly downward trend in the premium that investors are paying for shares of crypto treasury companies.

Crypto treasury companies have disclosed lavish advisory and asset management fees that will persistently drag on shareholder returns.

Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.”