Jiang Zhuo'er: Buying a 5% position in BNC is equivalent to buying BNB at a 50% discount

Jiang Zhuo'er, founder of Leibit Mining Pool, stated that the US stock BNC has fallen to the support line of $4.4 and has bought a 5% position around $4.5 for trial, with an expected maximum drop to the starting point of $4. The current mNAV of BNC is approximately 49%, holding BNB worth $400 million, but the company's current market value is less than $200 million, which is equivalent to buying BNB at a 50% discount. If the BNC+Meme flywheel works, it would be a pleasant surprise.