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What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short

POL December 1, 2025 1 minute read

What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short

NYDIG’s research head questions how mNAV is used to assess bitcoin treasuries, arguing it masks key risks tied to capital structure and equity dilution. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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POL

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