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GLOSSARY

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

Conor Mulcahy -
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.
BITCOIN FOR CORPORATIONS

The Nakamoto Strategy: Seeding Bitcoin Treasury Companies in Every Capital Market

Nick Ward -
Nakamoto seeks to build the first global network of Bitcoin treasury companies—giving capital markets compliant exposure to Bitcoin at scale.
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