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Mainstream encryption treasury (DAT) companies mNAV have all fallen below 1: Strategy fell to 0.937, Bitmine fell to 0.83

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On November 18, mainstream encryption treasury (DAT) company mNAV fell below 1, among them: the mNAV of Strategy (MSTR) (the ratio of enterprise market capitalization to the value of held BTC) is currently reported at 0.937. The market capitalization of Strategy has dropped to 56 billion USD, currently holding 649,870 Bitcoins, valued at 59.9 billion USD. Metaplanet's mNAV is currently reported at 0.912. The market capitalization of Metaplanet has dropped to 2.61 billion USD, currently holding 30,823 Bitcoins, valued at 2.84 billion USD. Bitmine (BMNR) ranks first in Ethereum institutional holdings, currently holding approximately 3.51 million ETH, valued at approximately 10.63 billion USD, with a market capitalization dropping to 8.81 billion USD, mNAV currently reported at 0.83. SharpLink (SBET) ranks second in Ethereum institutional holdings, currently holding 860,000 ETH, valued at approximately 2.61 billion USD, with a market capitalization dropping to 2.02 billion USD, mNAV currently reported at 0.84.

BTC-4.73%
ETH-5.09%
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