The inversion of the stock market value and token position market value of ETH micro-strategies is caused by insufficient funds for US stocks to take over. U.S. stocks are now in jeopardy due to recession fears
If listed companies can quickly turn around the decline, then mNAV < 1 (the company's market capitalization is lower than the token value) is an excellent time to buy the dip
But once the stock price cannot be maintained and the currency price also falls, it will be 😭 miserable
This round of LUNA crash black swan events is very likely to be a bear market where various micro-strategies have been played out and collectively exploded. But that's for later
$BMNR $SBET $ETH $LUNA
BMNR holds $8.581 billion in ETH, BTC, and cash, but the total market value of its stocks is only $7.906 billion.
SBET holds $3.664 billion in ETH and cash, but the total market value of its stocks is only $3.257 billion.
HYPD has $68.42 million in HYPE, but its stock market value has dropped to $37.75 million.
Previously, analysts were concerned that the moment of primary and secondary market inversion has begun.
That is, mNAV < 1 (the company's market value is lower than the token value).
24.75K
10
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.