RE: 4 million to one Billion21 Jun 2025 15:47
According to Webley, and based on a bitcoin metric known as 'days to cover mNAV', it would take Smarter around 35 days 'grow into its valuation'.
The metric measures how long it would take a firm to accumulate enough bitcoin to reflect its market cap based on its current multiple of net asset value and daily bitcoin yield.
In comparison, Strategy, as MicroStrategy is now known, has a 626-day horizon to earn its mNAV, according to Coindesk.