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NYDIG Calls for Bitcoin Treasury Companies to Drop 'Misleading' mNAV Metric
27.9.2025
NYDIG argued that mNAV fails to account for operating businesses and uses assumed shares outstanding, which can be inaccurate
ETH Treasury Firm Sharplink Begins Repurchases as Shares Trade Under NAV
10.9.2025
Sharplink Gaming disclosed it has begun using its share buyback program, calling below-net-asset-value repurchases “immediately accretive” as the company leans on a large ether treasury and zero debt to support capital returns. Sharplink Initiates Share Repurchases, Says Zero-Debt Profile Supports...
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
8.9.2025
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed
Metaplanet Expands Bitcoin Treasury by 775 BTC, Assets Outweigh Debt 18-Fold
18.8.2025
Tokyo-listed firm now holds 18,888 BTC worth $1.95B, with NAV multiple at record low despite strong balance sheet
Michael Saylor Explains 4 Reasons MSTR Trades at a Premium to Bitcoin NAV
14.8.2025
Microstrategy stock is vaulting past bitcoin NAV as investors chase explosive upside, as Michael Saylor highlights powerful structural factors fueling demand beyond direct bitcoin exposure limits. Surpassing Bitcoin NAV, Michael Saylor Highlights 4 Factors Fueling MSTR’s Premium Microstrategy’s...
Securitize, Redstone Pilot ‘Trusted Single Source Oracle’ to Secure Tokenized Fund NAVs
1.7.2025
The teams have released a whitepaper that introduces a new model for securely verifying Net Asset Value (NAV) data on-chain for tokenized private funds
Three Essential Tips To Restore The World Around You In Roadcraft
16.6.2025
RoadCraft isn’t the type of game you just pick up on a whim. It’s a hardcore simulator with realistic physics and mud mechanics, terrain and elevation considerations, and vehicles that maneuver like a tank from World War I in the French countryside. But hey, we’re all new to the genre at one point...
MicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245
18.10.2024
Bears on MicroStrategy’s high stock price compared to the amount of its bitcoin holdings are overlooking the company’s “unique” shareholder value, investment banking firm Benchmark said in a research report on Friday
Grayscale’s Ethereum Trust Returns to Discount as Spot Ether ETF Listings Loom
8.7.2024
Based on recent data, Grayscale’s Ethereum Trust (ETHE) has returned to trading at a discount to its net asset value (NAV) after experiencing a premium briefly on July 3. Grayscale Ethereum Trust: From Premium to Discount in 2 Days The Grayscale fund known as the Ethereum Trust (ETHE)...
Grayscale Ethereum Trust Hits Premium for First Time Since 2021
5.7.2024
Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected...
Fidelity, Sygnum partner with Chainlink to bring NAV data onchain
3.7.2024
The partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in real time
Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure
22.6.2024
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its shares at a “comparative...
Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021
22.5.2024
On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to net asset value (NAV) reach its lowest point since 2021. Grayscale Ethereum Trust’s...
DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data
20.5.2024
The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more...
Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears
15.5.2024
As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to convert its Ethereum Trust into a publicly traded...
GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility
30.1.2024
The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to the net asset value (NAV), one expert said he sees...
GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’
13.1.2024
Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $7.65 billion in trading volume. Concurrently, while a host of new entrants enjoyed...
First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
27.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Grayscale’s GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits
25.11.2023
On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last observed two years ago....
Grayscale's GBTC Discount to NAV At Narrowest Since July 2021 on ETF Optimism
24.11.2023