mNAV MoamNAV0.69×
EV mNAV0.63×
Diluted mNAV0.90×
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 | 0.61 CAD | 2026-11-07 05:41 KST | Yahoo Finance |
| Coins held | 265 | 2026-08-31 | IR |
| Shares outstanding | 32,332,158 | 2026-08-31 | IR |
| Cash & USD assets | $1,315,779 | 2026-08-31 | IR |
| Debt (face) | $0 | 2026-08-31 | IR |
| Preferred (liquidation pref.) | $0 | 2026-08-31 | IR |
Calculation
- Coin value
- 265 × $76,000.01 = $20.1M
- Market cap
- 32,332,158 sh × $0.43 = $14.0M
- mNAV
- $14.0M ÷ $20.1M = 0.69×
- EV mNAV
- ($14.0M + debt $0 + preferred $0 − cash $1.3M) ÷ $20.1M = 0.63×
- Coins / 1,000 shares
- 0.0082 BTC
- 1.0× price
- C$0.88 ($0.62)
- Implied BTC price
- $52,724.82
- Avg purchase price
- C$106,542.00 ($75,412) 2026-08-31 · IR
- vs. cost
- +0.8% +$155,701
- Debt/NAV
- 0%
Calculator
Stock at current mNAV (0.69×)—
Stock at 1.0×—
mNAV—
Implied BTC price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-08-31 | 265 | 32,332,158 | IR |