X @Wu Blockchain
Wu Blockchain·2025-10-14 07:55
According to Bloomberg, Japan-listed company Metaplanet Inc. has seen its enterprise value fall below the value of its Bitcoin reserves. Metaplanet adopted a Bitcoin accumulation strategy in April 2024 and once traded at a significant premium to its Bitcoin net asset value. After hitting an all-time high in mid-June, the company’s stock has since plunged about 70%, pushing its mNAV to 0.99 on Tuesday.https://t.co/4UsW7JRs1F ...