Protests or disturbances near the White House in Washington, DC may lead to arrests for unlawful activity and will be treated as a public-safety issue. Share your views peacefully and within the law. Disruptive behavior wonโt be tolerated. If you threaten public safety, you wonโt be welcome here. Goodbye.
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๐บ๐ธ President Trump says more than $17 trillion will be invested in the U.S. this year.
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K33 Research cautions that the bitcoin-treasury boom is cooling, with many firms now trading below the market value of their BTC holdings.
๐ About 25% of public bitcoin-treasury firms are trading with market caps below NAV
๐ NAKA has collapsed 96% from its peak, with mNAV down to 0.7
๐ Other names below NAV include Twenty One (Tether-backed), Semler Scientific, and The Smarter Web Company
๐ The mean mNAV fell to 2.8 from 3.76 in April
๐ The Strategy (MSTR) premium dropped to 1.26, the lowest since March 2024
๐ Treasury firms are buying an average of 1,428 BTC per day in September, the slowest pace since May
๐ Public company holdings exceed 1 million BTC, shifting demand back toward ETFs and retail
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๐ About 25% of public bitcoin-treasury firms are trading with market caps below NAV
๐ NAKA has collapsed 96% from its peak, with mNAV down to 0.7
๐ Other names below NAV include Twenty One (Tether-backed), Semler Scientific, and The Smarter Web Company
๐ The mean mNAV fell to 2.8 from 3.76 in April
๐ The Strategy (MSTR) premium dropped to 1.26, the lowest since March 2024
๐ Treasury firms are buying an average of 1,428 BTC per day in September, the slowest pace since May
๐ Public company holdings exceed 1 million BTC, shifting demand back toward ETFs and retail
ChainFuse
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