mNAV MoamNAV0.35×
EV mNAV†0.33×
Coins/share growth—
Inputs and sources
| Item | Value | As of | Source |
|---|---|---|---|
| ENA price | $0.16 | 2026-11-07 16:18 KST | Binance |
| Stock price | 6.43 USD | 2026-11-07 06:00 KST | Yahoo Finance |
| Coins held | 3,031,404,421 | 2026-10-28 | 8-K |
| Shares outstanding | 27,187,129 | 2026-08-28 | S-1 |
| Cash & USD assets | $18,856,144 | 2026-06-30 | 10-Q |
| Debt (face) | $6,998,121 | 2026-06-30 | 10-Q |
| Preferred (liquidation pref.) | none | — | — |
XBRL quarterly values
| Item | XBRL | As of | Tag |
|---|---|---|---|
| Debt (face) | $4,000,000 | 2026-06-30 | us-gaap:ConvertibleNotesPayable |
Calculation
- Coin value
- 3,031,404,421 × $0.16 = $499.0M
- Market cap
- 27,187,129 sh × $6.43 = $174.8M
- mNAV
- $174.8M ÷ $499.0M = 0.35×
- EV mNAV
- ($174.8M + debt $7.0M + preferred 0 − cash $18.9M) ÷ $499.0M = 0.33×
- Coins / 1,000 shares
- 111,501.4543 ENA
- 1.0× price
- $18.35
- Implied ENA price
- $0.06
- Avg purchase price
- $0.08 2026-06-25 · 10-Q
- vs. cost
- +100.3% +$249.8M
- Debt/NAV
- 1%
Calculator
Stock at current mNAV (0.35×)—
Stock at 1.0×—
mNAV—
Implied ENA price—
mNAV history
Holdings history as reported
| As of | Holdings | Change | Shares | Source |
|---|---|---|---|---|
| 2026-10-28 | 3,031,404,421 | 8-K |
Recent 8-Ks
- 2026-10-28 7.01 Reg FD
- 2026-09-17 1.01 Material agreement EX-10.1
- 2026-09-08 5.02 Officers/directors EX-99.1
- 2026-08-14 2.02 Results EX-99.1