mNAV MoamNAV1.53×
EV mNAV1.51×
Diluted mNAV2.34×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| ZEC price | $1,314.95 | 2026-11-07 16:18 KST | Binance |
| Stock price | 2.88 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 332,362 | 2026-09-30 | IR |
| Shares outstanding | 231,822,928 | 2026-08-17 | 10-Q |
| Cash & USD assets | $7,624,000 | 2026-06-30 | 10-Q |
| Debt (face) | $0 | 2026-06-30 | 10-Q |
| Preferred (liquidation pref.) | $0 | 2026-06-30 | 10-Q |
XBRL quarterly values
| Item | XBRL | As of | Tag |
|---|---|---|---|
| Shares outstanding | 107,764,382 | 2026-08-10 | dei:EntityCommonStockSharesOutstanding |
Calculation
- Coin value
- 332,362 × $1,314.95 = $437.0M
- Market cap
- 231,822,928 sh × $2.88 = $667.7M
- mNAV
- $667.7M ÷ $437.0M = 1.53×
- EV mNAV
- ($667.7M + debt $0 + preferred $0 − cash $7.6M) ÷ $437.0M = 1.51×
- Coins / 1,000 shares
- 1.4337 ZEC
- 1.0× price
- $1.89
- Implied ZEC price
- $2,008.81
- Avg purchase price
- $342 2026-06-30 · 10-Q
- vs. cost
- +284.7% +$323.4M
- Debt/NAV
- 0%
Calculator
Stock at current mNAV (1.53×)—
Stock at 1.0×—
mNAV—
Implied ZEC price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-09-30 | 332,362 | IR |