Metaplanet Market Value Falls 70%, Now Trading Below Its Bitcoin Reserves – Treasury Bubble Burst?
3d ago•
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Metaplanet's enterprise value fell below its 30,823 Bitcoin reserves worth $3.4 billion with mNAV dropping to 0.99 as 26 of 168 public Bitcoin treasury companies now trade at discount while corporate accumulation slowed 95% since July and Strategy's premium collapsed from 3.89x to 1.44x.
3d ago•
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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