The Defiant·The Defiant Team·2h ago

Crypto Treasury Stocks: How mNAV and Dilution Affect Value

A bigger bitcoin or ether treasury need not mean more crypto per share—or a positive stock return. Strategy’s disclosures show why the valuation formula matters.

Discussion · 0

@·1s

💬 Discussion: Crypto Treasury Stocks: How mNAV and Dilution Affect Value A bigger bitcoin or ether treasury need not mean more crypto per share—or a positive stock return. Strategy’s disclosures show why the valuation formula matters.

Reply with your take — replies appear on this article and in the main feed. Open thread