Bitcoin Treasury Stocks: Understanding mNAV and Why NYDIG Believes It’s Insufficient
mNAV has gained attention as a shorthand for assessing Bitcoin government bonds, but many analysts now caution that this might be too simplistic. Increase in mNAV within Bitcoin Finance In recent years, we’ve seen a rise in public companies whose primary value is essentially tied to Bitcoin on their balance sheets. These “Bitcoin vaults,” including […]
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG – Cointelegraph
Bitcoin investors should prepare for a “seasonal struggle” in September, according to Bitcoin financial services platform NYDIG, as the month has historically seen the lowest average returns. “Unfortunately, near-term catalysts for Bitcoin are scarce at present.” Written Greg Cipollaro, head of global research at NYDIG, said in a market update on September 10th: Cipollaro added […]