$3350 (+9,89 %) fell -10% in Japanese trading this morning. The mNAV is therefore at 1.11
It is important to pay attention to the next transactions after the BTC yield has $MSTR (+4,13 %) has dropped for the first time.
If Bitcoin were to slip into a bear market, the mNAV could also go towards 0.8x in my opinion. Metaplanet remains exciting, but is also a very risky asset!
