mNAV MoamNAV3.03×
EV mNAV†1.84×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| WLD price | $0.34 | 2026-11-07 16:18 KST | Binance |
| Stock price | 0.75 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 301,971,219 | 2026-09-16 | 8-K |
| Shares outstanding | 419,410,502 | 2026-10-16 | DEF 14A |
| Cash & USD assets | $132,000,000 | 2026-10-28 | 8-K |
| Debt (face) | $8,475,000 | 2026-06-30 | 10-Q |
| Preferred (liquidation pref.) | none | — | — |
XBRL quarterly values
| Item | XBRL | As of | Tag |
|---|---|---|---|
| Cash & USD assets | $11,003,483 | 2026-06-30 | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Shares outstanding | 429,777,400 | 2026-08-07 | dei:EntityCommonStockSharesOutstanding |
Calculation
- Coin value
- 301,971,219 × $0.34 = $103.1M
- Market cap
- 419,410,502 sh × $0.75 = $312.8M
- mNAV
- $312.8M ÷ $103.1M = 3.03×
- EV mNAV
- ($312.8M + debt $8.5M + preferred 0 − cash $132.0M) ÷ $103.1M = 1.84×
- Coins / 1,000 shares
- 719.9896 WLD
- 1.0× price
- $0.25
- Implied WLD price
- $1.04
- Avg purchase price
- $1.14 2026-06-30 · 10-Q
- vs. cost
- -70.0% −$240.7M
- Debt/NAV
- 8%
Calculator
Stock at current mNAV (3.03×)—
Stock at 1.0×—
mNAV—
Implied WLD price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-09-16 | 301,971,219 | 8-K |
Recent 8-Ks
- 2026-10-29 7.01 Reg FD EX-99.1
- 2026-09-17 7.01 Reg FD EX-99.1
- 2026-09-03 7.01 Reg FD EX-99.1
- 2026-08-20 7.01 Reg FD EX-99.1
- 2026-08-06 7.01 Reg FD EX-99.1
- 2026-07-27 7.01 Reg FD EX-99.1
- 2026-07-16 7.01 Reg FD EX-99.1
- 2026-07-09 7.01 Reg FD EX-99.1