Metaplanet's valuation metric, mNAV, briefly dipped below 1.0, signaling a market discount relative to its Bitcoin assets. The mNAV is defined as (market capitalization + total liabilities) divided by the net asset value of its Bitcoin holdings. A value under 1.0 suggests that the equity market values the company at a discount on its underlyingThe post Metaplanet's Market Value Slides Below Bitcoin Holdings appeared first on BeInCrypto.