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![btc_overflow Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1639524229501849600.png) Brian Brookshire (Bitcoin Overflow) [@btc_overflow](/creator/twitter/btc_overflow) on x 15.1K followers
Created: 2025-07-14 21:54:11 UTC

I think the era of 10x+ mNAV small cap Bitcoin Treasuries was a brief window in time that is now over.

10x+ mNAV is still achievable on a blow off top, but I think the fastest growers re-rate to the 3x-7x range. I also think we see fewer BTCTCs launched from nano cap range.


XXXXXX engagements

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[Post Link](https://x.com/btc_overflow/status/1944878116008288682)