Falling mNAVs Could Prompt Consolidation Among Bitcoin Treasury Firms, Leaving Only Differentiated Companies to Thrive
Falling mNAVs Could Prompt Consolidation Among Bitcoin Treasury Firms, Leaving Only Differentiated Companies to Thrive
CoinOtag 2025-10-17 11:16:51
Bitcoin treasury companies are under pressure as market-to-NAV (mNAV) ratios decline; only firms with clear differentiation, strong management, and disciplined buyback or acquisition strategies are likely to survive consolidation and