News Explorer — Ethereum Price Volatility and Share Sales Put Pressure on Treasury Companies

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Sep 5, 3:43 pm

Decrypt

Ethereum Price Volatility and Share Sales Put Pressure on Treasury Companies

The market-to-net asset value (mNAV) for digital asset treasury (DAT) companies like BitMine and SharpLink Gaming has fallen below 1, signaling potential challenges for future capital inflows. This drop in mNAV is attributed to Ethereum's price volatility and the pressure from relentless ATM share sales.

The market-to-net asset value (mNAV) for digital asset treasury (DAT) companies like BitMine and SharpLink Gaming has fallen below 1, signaling potential challenges for future capital inflows. This drop in mNAV is attributed to Ethereum's price volatility and the pressure from relentless ATM share sales.

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