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Boop.Fun leading the way with a new launchpad on Solana.
Moreover, the appreciation logic of ETH includes Staking rewards + ecological expectations + DeFi flywheel, and the holding income of SBET should be greater than the price increase of ETH itself. This is also a component of the premium.
The higher the mNAV premium of SBET, the greater the expectations placed behind the assets, and the more motivated (and capable) SBET is to further increase its holdings of the underlying assets.
$ETH to 5000, full of momentum.
Jul 15, 23:47
This classic diagram of the "reflexive feedback loop" is presented. NAV only needs to be greater than 1 for SBET to start its "premium issuance" operation, using the largest trading volume to continuously issue stocks, obtaining the most funds to purchase ETH, driving its price up. The rise of ETH further enhances the company's market value and financing capability, allowing this cycle to continue. The infinite money printer + the concept of selling cheaper and cheaper has ushered in a new multi-fold stock — SBET.
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