SharpLink's total market value has dropped below its ETH holdings value

BlockBeats News, August 26th, according to crypto KOL AB Kuai.Dong, the current total market value of "Ethereum Micro Strategy" SharpLink is $32.37 billion, while the company's holding of ETH is valued at $32.8 billion. Meaning NAV <1 (trading at a discount).

On the other hand, Bitmine, a company in the same field, has a total market value of $86.05 billion, with Bitmine holding ETH valued at $75.9 billion.