mNAV MoamNAV0.73×
EV mNAV†0.71×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| BTC price | $76,000.01 | 2026-11-07 16:18 KST | Binance |
| Stock price | 2.58 HKD | 2026-11-06 17:08 KST | Yahoo Finance |
| Coins held | 4,468 | 2026-09-21 | IR |
| Shares outstanding | 757,597,730 | 2026-09-30 | IR |
| Cash & USD assets | $9,559,439 | 2026-06-30 | IR |
| Debt (face) | $0 | 2026-06-30 | IR |
| Preferred (liquidation pref.) | none | — | — |
Calculation
- Coin value
- 4,468 × $76,000.01 = $339.6M
- Market cap
- 757,597,730 sh × $0.33 = $249.3M
- mNAV
- $249.3M ÷ $339.6M = 0.73×
- EV mNAV
- ($249.3M + debt $0 + preferred 0 − cash $9.6M) ÷ $339.6M = 0.71×
- Coins / 1,000 shares
- 0.0059 BTC
- 1.0× price
- HK$3.51 ($0.45)
- Implied BTC price
- $55,802.20
- Avg purchase price
- $68,543 2026-09-21 · IR
- vs. cost
- +10.9% +$33.3M
- Debt/NAV
- 0%
Calculator
Stock at current mNAV (0.73×)—
Stock at 1.0×—
mNAV—
Implied BTC price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-09-21 | 4,468 | IR |