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The main DAT company's mNAV has fallen below 1.

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Golden Finance reports that the recent weakness in the crypto market has led to the market capitalization of major DAT companies falling below the net value of their held encryption assets, i.e., mNAV falling below 1. BTC DAT Company: Strategy market capitalization is $59.6 billion, holding 641,700 BTC worth $62.275 billion, mNAV is 0.962; MARA Holdings market capitalization is $4.51 billion, holding 53,250 BTC valued at $5.168 billion, mNAV is 0.873; Metaplanet market capitalization is 2.738 billion USD, holding 30,000 BTC worth 2.99 billion USD, mNAV is 0.915; ETH DAT Company: BitMine market capitalization is 10.41 billion USD, holding 3.513 million ETH worth 11.23 billion USD, mNAV is 0.93; Sharplink market capitalization is $2.16 billion, holding 859,000 ETH worth $2.75 billion, with an mNAV of 0.85.

BTC-3.8%
ETH-0.17%
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