What is mNAV? The Investor’s Guide to Valuing Bitcoin Treasuries

Dec 16 2025 bitcoin


Bitcoin Magazine

What is mNAV? The Investor’s Guide to Valuing Bitcoin Treasuries

mNAV is the definitive metric for evaluating public companies with significant bitcoin reserves. Unlike traditional book value, mNAV adjusts for real-time market pricing and share dilution.

This post What is mNAV? The Investor’s Guide to Valuing Bitcoin Treasuries first appeared on Bitcoin Magazine and is written by Conor Mulcahy.





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