Oct. 25 at 5:20 AM
$ASST its not that simple. They are trying to be a mini
$MSTR. They own 5,886 bitcoin which is around 655,000,000 dollars worth. They paid an average cost of 116k per bitcoin so technically theyre under water. But they have 108.6 million dollars in cash and zero debt. Plus they have a portfolio with 86 holdings valued at 166,183,243 dollars. The actual value of assets with no additional premium is 929,556,480 dollars. The current market at 889.26 m so its undervalued by at least 40,296,000 dollars or 4.53% + whatever multiple assuming they are able to capitalize on their assets and the value of their portfolio + bitcoin goes up.