mNAV MoamNAV0.28×
EV mNAV†0.16×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| SOL price | $90.15 | 2026-11-07 16:18 KST | Binance |
| Stock price | 2.88 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 1,262,237 | 2026-06-30 | 6-K |
| Shares outstanding | 11,009,294 | 2026-06-30 | F-3 |
| Cash & USD assets | $13,070,000 | 2026-06-30 | 6-K |
| Debt (face) | $0 | 2026-06-30 | 6-K |
| Preferred (liquidation pref.) | none | — | — |
Calculation
- Coin value
- 1,262,237 × $90.15 = $113.8M
- Market cap
- 11,009,294 sh × $2.88 = $31.7M
- mNAV
- $31.7M ÷ $113.8M = 0.28×
- EV mNAV
- ($31.7M + debt $0 + preferred 0 − cash $13.1M) ÷ $113.8M = 0.16×
- Coins / 1,000 shares
- 114.6519 SOL
- 1.0× price
- $10.34
- Implied SOL price
- $25.12
- Avg purchase price
- $194 2026-06-30 · 6-K
- vs. cost
- -53.4% −$130.6M
- Debt/NAV
- 0%
Calculator
Stock at current mNAV (0.28×)—
Stock at 1.0×—
mNAV—
Implied SOL price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-06-30 | 1,262,237 | 11,009,294 | 6-K |