BlockBeats news, on November 18, the mainstream encryption treasury (DAT) company mNAV all fell below 1, among which: Strategy (MSTR)'s mNAV (the ratio of enterprise market capitalization to the value of BTC held) is currently reported at 0.937. The market capitalization of Strategy has fallen to 56 billion USD, and it currently holds 649,870 Bitcoins, valued at 59.9 billion USD. Metaplanet's mNAV is currently reported at 0.912. Metaplanet's market capitalization has fallen to 2.61 billion USD, and it currently holds 30,823 Bitcoins, valued at 284 million USD. Bitmine (BMNR) ranks first in Ethereum institutional holdings, currently holding approximately 3.51 million ETH, valued at approximately 10.63 billion USD, its market capitalization has fallen to 8.81 billion USD, and the mNAV is currently reported at 0.83. SharpLink (SBET) ranks second in Ethereum institutional holdings, currently holding 860,000 ETH, valued at approximately 2.61 billion USD, its market capitalization has fallen to 2.02 billion USD, and the mNAV is currently reported at 0.84.
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