Those who pushed out this “Days to Cover mNAV” narrative cause most investors (a lot of them are bitcoin maxis) to buy on the top before mNAV compression. Now we all know this narrative is totally unreliable and ultimately a tool for pump and dump. Beware of the people creating this type of graphs to justify paying 10x+ mNAV for a stock that end up compressed to 1x mNAV.
Buy bitcoin, not bitcoin proxy where a lot of scammers want to scam your bitcoin.
