It's interesting how many of them are trading at incredible premiums to NAV.
I bet there will be a lot of consolidations in the future.
There is nothing incredible there. I explained it to you in my previous comment.
What's so incredible about Metaplanet being at mNAV 5 when it has gone from having 4,000 bitcoins to 13,000 in the last 3 months? Whoever buys at mNAV 5 will surely be in profit in bitcoin exposure in less than 6 months at this rate.
I repeat: you are looking at a still photo instead of looking at the evolution, the projection.
That's without taking into account what you can do when you have those bitcoins, such as the whole range of products Strategy is bringing out, whose current mNAV is a bargain.
Surely you would value Rockefeller's companies only for the oil they had, and not for everything they could do with it.