Metplanet valued at three-month high relative to bitcoin holdings after MSCI decision

Select bitcoin treasury equities gained after MSCI removed near-term index exclusion risk. What to know : Metaplanet’s multiple to net asset value (mNAV) rose to around 1.25, its highest level since before the October liquidation crisis. The move followed MSCI’s decision not to exclude digital asset treasury companies from its global indexes. Strategy (MSTR) rose around 5% in pre-market trading while price action across other bitcoin treasury companies remained relatively muted.