mNAV MoamNAV0.62×
EV mNAV†1.27×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| BNB price | $694.65 | 2026-11-07 16:18 KST | Binance |
| Stock price | 1.37 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 70,000 | 2026-08-28 | 6-K |
| Shares outstanding | 22,006,641 | 2026-06-30 | 6-K |
| Cash & USD assets | $1,315,173 | 2026-06-30 | 6-K |
| Debt (face) | $32,791,256 | 2026-06-30 | 6-K |
| Preferred (liquidation pref.) | none | — | — |
XBRL quarterly values
| Item | XBRL | As of | Tag |
|---|---|---|---|
| Cash & USD assets | $8,502,357 | 2025-12-31 | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Debt (face) | $177,792,834 | 2025-12-31 | us-gaap:LongTermDebt |
Calculation
- Coin value
- 70,000 × $694.65 = $48.6M
- Market cap
- 22,006,641 sh × $1.37 = $30.1M
- mNAV
- $30.1M ÷ $48.6M = 0.62×
- EV mNAV
- ($30.1M + debt $32.8M + preferred 0 − cash $1.3M) ÷ $48.6M = 1.27×
- Coins / 1,000 shares
- 3.1809 BNB
- 1.0× price
- $2.21
- Implied BNB price
- $430.70
- Avg purchase price
- CN¥4,938.11 ($740) 2026-06-30 · 6-K
- vs. cost
- -6.2% −$3.2M
- Debt/NAV
- 67%
Calculator
Stock at current mNAV (0.62×)—
Stock at 1.0×—
mNAV—
Implied BNB price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-08-28 | 70,000 | 6-K |