According to crypto influencer AB Kuai.Dong, the current market capitalization of SharpLink, the Ethereum microstrategy platform, is $3.237 billion, while the company's ETH holdings are valued at $3.28 billion. This translates to a NAV < 1 (a phenomenon known as a discount).

The total market value of Bitmine, a company in the same field, is currently reported to be US$8.605 billion, and the total value of ETH held by Bitmine is US$7.59 billion.