mNAV MoamNAV0.26×
EV mNAV0.51×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| HYPE price | $79.11 | 2026-11-07 16:18 KST | Binance |
| Stock price | 2.49 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 1,850,000 | 2026-09-30 | 8-K |
| Shares outstanding | 15,442,482 | 2026-09-30 | 8-K |
| Cash & USD assets | $14,500,000 | 2026-09-30 | 8-K |
| Debt (face) | $0 | 2026-09-30 | 8-K |
| Preferred (liquidation pref.) | $50,740,000 | 2026-06-30 | 10-Q |
XBRL quarterly values
| Item | XBRL | As of | Tag |
|---|---|---|---|
| Cash & USD assets | $9,637,216 | 2026-06-30 | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Debt (face) | $8,438,677 | 2026-06-30 | us-gaap:NotesPayable |
| Preferred (liquidation pref.) | $50,795,000 | 2025-12-31 | us-gaap:PreferredStockLiquidationPreferenceValue |
| Shares outstanding | 15,539,434 | 2026-08-10 | dei:EntityCommonStockSharesOutstanding |
Calculation
- Coin value
- 1,850,000 × $79.11 = $146.4M
- Market cap
- 15,442,482 sh × $2.49 = $38.5M
- mNAV
- $38.5M ÷ $146.4M = 0.26×
- EV mNAV
- ($38.5M + debt $0 + preferred $50.7M − cash $14.5M) ÷ $146.4M = 0.51×
- Coins / 1,000 shares
- 119.7994 HYPE
- 1.0× price
- $9.48
- Implied HYPE price
- $20.78
- Avg purchase price
- $46.26 2026-06-30 · 10-Q
- vs. cost
- +71.0% +$60.8M
- Debt/NAV
- 35%
Calculator
Stock at current mNAV (0.26×)—
Stock at 1.0×—
mNAV—
Implied HYPE price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-09-30 | 1,850,000 | 15,442,482 | 8-K |