mNAV MoamNAV0.59×
EV mNAV0.48×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| GRAM price | $1.10 | 2026-11-07 16:18 KST | Binance |
| Stock price | 2.74 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 230,520,792 | 2026-06-30 | 10-Q |
| Shares outstanding | 55,071,989 | 2026-08-04 | 10-Q |
| Cash & USD assets | $28,805,000 | 2026-06-30 | 10-Q |
| Debt (face) | $0 | 2026-06-30 | 10-Q |
| Preferred (liquidation pref.) | $0 | 2026-06-30 | 10-Q |
XBRL quarterly values
| Item | XBRL | As of | Tag |
|---|---|---|---|
| Debt (face) | $445,000 | 2026-03-31 | us-gaap:ConvertibleNotesPayable |
Calculation
- Coin value
- 230,520,792 × $1.10 = $254.5M
- Market cap
- 55,071,989 sh × $2.74 = $150.9M
- mNAV
- $150.9M ÷ $254.5M = 0.59×
- EV mNAV
- ($150.9M + debt $0 + preferred $0 − cash $28.8M) ÷ $254.5M = 0.48×
- Coins / 1,000 shares
- 4,185.8084 GRAM
- 1.0× price
- $4.62
- Implied GRAM price
- $0.65
- Avg purchase price
- $3.24 2026-06-30 · 10-Q
- vs. cost
- -65.9% −$492.5M
- Debt/NAV
- 0%
Calculator
Stock at current mNAV (0.59×)—
Stock at 1.0×—
mNAV—
Implied GRAM price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-06-30 | 230,520,792 | 10-Q |
Recent 8-Ks
- 2026-09-16 7.01 Reg FD
- 2026-08-17 5.02 Officers/directors EX-99.1
- 2026-08-11 2.02 Results EX-99.1
- 2026-08-10 1.02 Agreement terminated EX-10.1