Mainstream Cryptocurrency Treasury (DAT) company mNAV across 1: Strategy drops to 0.937, Bitmine drops to 0.83

BlockBeats News, November 18th, mainstream crypto treasury (DAT) company mNAV all fell below 1, including:

Strategy (MSTR) has an mNAV (Enterprise Value to Bitcoin Holdings Value ratio) currently at 0.937. Strategy's market value has fallen to $56 billion, with its current holdings of 649,870 BTC valued at $59.9 billion.

Metaplanet's mNAV is currently at 0.912. Metaplanet's market value has fallen to $2.61 billion, with its current holdings of 30,823 BTC valued at $2.84 billion.

Bitmine (BMNR) ranks first in Ethereum institutional holdings, currently holding about 3.51 million ETH valued at approximately $10.63 billion. Its market value has fallen to $8.81 billion, and mNAV is currently at 0.83.

SharpLink (SBET) ranks second in Ethereum institutional holdings, currently holding 860,000 ETH valued at approximately $2.61 billion, with a market value of $2.02 billion. mNAV is currently at 0.84.