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![AdamBLiv Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1881193918206758912.png) Adam Livingston [@AdamBLiv](/creator/twitter/AdamBLiv) on x 46.9K followers
Created: 2025-07-18 21:52:43 UTC

Required BTC price at different structural premiums (mNAV multiples):

M XXXX → P ≈ $10.81M
M XXXX → $10.53M
M XXXX → $10.00M
M XXXX → $9.52M
M XXXX → $9.09M
M XXXX → $8.70M
M XXXX → $8.33M
M XXXX → $8.00M
M XXXX → $7.27M
M XXXX → $6.67M


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946327299772575971/c:line.svg)

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[Post Link](https://x.com/AdamBLiv/status/1946327299772575971)