The Year of @_gnoland
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⠸⠷⠶⠶⠆⠀⠀⠙⣄⣀....
Ready for total transparency? 🔥
𝗜𝗻𝗷𝗲𝗰𝘁𝗶𝘃𝗲 𝗷𝘂𝘀𝘁 𝗵𝗮𝗱 𝘁𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝘄𝗲𝗲𝗸 𝗼𝗳 𝟮𝟬𝟮𝟲.
🔹Mainnet Upgrade.
🔹$5T trade finance pilot.
🔹First live bridge to Cardano.
🔹33,000+ INJ burned.
All Done. ✅
@injective didn't just have a week. It had a month in 7-days.
Breaked this down. Click it. ⤵️
Metaplanet is now at a 0.78x CEBE mNAV.
This means $1.74 of net Bitcoin exposure is backing each common share while the share is trading at $1.34.
At a 0.78× CEBE mNAV with Bitcoin at $64,570, Metaplanet is effectively letting you buy its net Bitcoin attributable to common shareholders at about $50,365 per Bitcoin
So you are buying the residual Bitcoin exposure at roughly a 22% discount to spot.
Another way to frame it is that every $1 invested in Metaplanet common currently buys about $1.28 of net Bitcoin NAV.
You get a profitable operating business on top, the potential for multiple expansion, and a management team working over time to increase your residual Bitcoin exposure for you.
The bear market is bringing wild opportunities.