mNAV
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X @Andy
Andy· 2025-08-17 04:32
Another layer of fuckery added to the treasury company fiasco that's ongoing:No one knows how many shares outstanding for Bitmine & different data sources are stating different numbers.Pratik Kala (@PratikKala):Shares outstanding for $BMNRBloomberg: 173.5MSeekingAlpha: 109.53MChatGPT: 121.7MmNAVs:Blockworks: 1.88xCryptoTreasuries: 1.03xETHStrategicReserve: 1.8xAnalyst estimated mNAV: 1.3xEstimates vary by ~80% at extremesReal answer: no one knowsUntil the FDSO (fully https://t.co/320u69E977 ...
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-07-29 13:31
Financial Metrics - SBET's market capitalization to net asset value (mNAV) ratio is at 1.32x after the latest disclosure [1] - SBET holds 438,190 ETH, valued at $1.68 billion [1] - SBET issued 10.8 million shares under ATM, raising $279 million last week [1] - SBET's staking rewards are approximately 150 ETH this week [1]