Metaplanet’s Market Value Slides Below Bitcoin Holdings
Metaplanet’s valuation metric, mNAV, briefly dipped beneath 1.0, signaling a market low cost relative to its Bitcoin property. The mNAV is outlined as (market capitalization + complete liabilities) divided by the web asset worth of its Bitcoin holdings. A worth below 1.0 means that the fairness market values the corporate at a reduction on its…
