What Is MNAV? The Investor’s Guide To Valuing Bitcoin Treasuries

mNAV, or market net asset value, is a valuation metric that expresses the real-time economic value of a company’s bitcoin reserves. It adjusts the company’s holdings to the current market price of bitcoin, accounts for liquid cash and debt, and factors in share dilution.

mNAV provides a clearer picture of a bitcoin treasury company’s true financial position than conventional accounting standards. It has become the standard tool for evaluating corporate bitcoin strategies because it centers the analysis on bitcoin itself, rather than legacy accounting conventions that can distort value.

Key Takeaways

Real-Time Precision: mNAV reflects the current market value of a… Read more on BitcoinMagazine

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