๐9๐4๐2๐คฎ2
This media is not supported in your browser
VIEW IN TELEGRAM
๐บ๐ธ President Trump says more than $17 trillion will be invested in the U.S. this year.
ChainFuse
ChainFuse
๐ฏ3๐2๐1
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
ChainFuse
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
๐3๐1๐คฌ1๐คฉ1๐ก1