Jasper 🌰@building BBX|3月 18, 2026 04:25
Crypto Concept Stock mNAV Rankings (Real-Time Today):
Premium Camp:
FWDI → 1.20 (20% premium, holding 6.82M Solana)
Discount Camp:
MicroStrategy → 0.96 (near parity, holdings worth $56.6B)
Circle → 0.43 (deep discount, reserves of $64.4B)
Galaxy Digital → 0.90 (slight discount, holdings worth $10.5B)
TRON Foundation → 0.30 (deepest discount, holdings worth $10.5B)
mNAV > 1 means the market is willing to pay a premium for "crypto leverage," while < 1 means the market thinks your tokens are less valuable than directly buying crypto.
Which direction do you favor?
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