NYDIG’s research head questions how mNAV is used to assess bitcoin treasuries, arguing it masks key risks tied to capital structure and equity dilution.

OKX-BTC/USDT is currently trading at $91058.70, with a 5-minute decline of 0.13%. Please be aware of market fluctuations.

US banking giant U.S. Bancorp, with a market value of approximately $700 billion, plans to launch Bitcoin custody services, marking the entry of Bitcoin into Wall Street. （The Bitcoin Historian）

[Alt5 Sigma Board Only Learned of Company's Money Laundering Conviction in Rwanda at the End of August] The Alt5 Sigma board only became aware at the end of August of the company's conviction in a money laundering case in Rwanda back in May, several months after the World Liberty Financial transaction had taken place. Previously, Alt5 Sigma had dismissed several executives, including acting CEO Jonathan Hugh and COO Ron Pitters.

The company adopted a bitcoin treasury plan by deploying a strategy inspired by Metaplanet, with 66% shareholder approval, to mitigate negative returns from government bonds.