煌道 | 交易之道|9月 05, 2025 01:10
The market cap of two major ETH funds has fallen below their net asset value.
BMNR holds 1.86 million ETH, 192 BTC, and $630 million in cash, worth $9 billion, but the company's market cap is only $7.3 billion.
SBET holds 837,000 ETH, worth $3.6 billion, but its market cap is only $2.7 billion.
Meanwhile, MicroStrategy holds about $7 billion worth of BTC, with a market cap of $9.28 billion.
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