mNAV MoamNAV1.13×
EV mNAV2.17×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| SOL price | $90.15 | 2026-11-07 16:18 KST | Binance |
| Stock price | 1.19 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 459,792 | 2026-06-30 | 6-K |
| Shares outstanding | 39,486,879 | 2026-08-14 | 6-K |
| Cash & USD assets | $1,313,767 | 2026-06-30 | 6-K |
| Debt (face) | $44,194,815 | 2026-06-30 | 6-K |
| Preferred (liquidation pref.) | $0 | 2026-06-30 | 6-K |
Calculation
- Coin value
- 459,792 × $90.15 = $41.5M
- Market cap
- 39,486,879 sh × $1.19 = $47.0M
- mNAV
- $47.0M ÷ $41.5M = 1.13×
- EV mNAV
- ($47.0M + debt $44.2M + preferred $0 − cash $1.3M) ÷ $41.5M = 2.17×
- Coins / 1,000 shares
- 11.6442 SOL
- 1.0× price
- $1.05
- Implied SOL price
- $102.20
- Avg purchase price
- $145 2026-06-30 · 6-K
- vs. cost
- -37.9% −$25.3M
- Debt/NAV
- 107%
Calculator
Stock at current mNAV (1.13×)—
Stock at 1.0×—
mNAV—
Implied SOL price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-06-30 | 459,792 | 6-K |