See every side of every news story
Published loading...Updated

Adam Back’s “Months To Cover mNAV” Metric Offers New Lens for Bitcoin Treasury Valuation

Summary by The BTC Times
Blockstream CEO Adam Back has introduced a valuation framework for Bitcoin treasury companies built around the concept of “months to cover mNAV,” a metric that gauges how quickly a firm’s Bitcoin accumulation justifies its market cap.Back’s logic is straightforward: when a company’s BTC-per-share growth (accretion) is fast enough, even a high market-to-net-asset-value (mNAV) multiple can be reasonable.“Accretion rate > yield,” he wrote, emphasiz…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The BTC Times broke the news in on Sunday, July 13, 2025.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.