Twenty One Capital, a treasury company holding approximately 43,000 $BTC , was recently interviewed about its approach to market capitalization management. CEO Rapha Zagury said the company’s stock is currently trading at a discount and that it is working to address the issue. He explained how the company calculates its mNAV, while admitting that he is not particularly fond of the metric. Management is also evaluating options such as share buybacks. Zagury also noted that the permanent capital provided by Tether is a key advantage over other Bitcoin treasury companies.

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(Source: Bitcoin Magazine)
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