Cryp2Nova

Entities Btctc Daystocover Btctc Daystocover

Bitcoin

This estimates how many days of Bitcoin accumulation it would take to cover the treasury company's mNAV premium.

Why it matters

It gauges how sustainable the equity premium is given the company's stacking pace.

How it is built

The mNAV premium is divided by the 90-day rate of Bitcoin accumulation.

What to watch

A high days-to-cover flags a premium that accumulation cannot quickly justify, raising compression risk.

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