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Bitmax

377030.KQ

Market valuation vs the Bitcoin it holds

0.33×
Discount
a 67% discount to Bitcoin NAV

Bitmax trades at 0.33× its Bitcoin NAV — you pay 33¢ for every $1 of Bitcoin it holds, a 35.2M USD pile.

Live · last updated

BTC held
551 BTC
Bitcoin treasury
Bitcoin NAV
35.2M USD
at today's BTC price
Market cap
11.8M USD
Fully diluted
Share price
1,680 KRW
KRW
Last BTC buy
51.1 BTC
Aug 13, 2025

mNAV over time

Full history · diluted

Today's 0.33× sits in a 52-week range of 0.30× to 29.64×.

mNAV · 52-week range
0.30×–29.64×
0.30×now 0.33×29.64×

About Bitmax

Bitmax (377030.KQ) owns 551 BTC. At today's price that Bitcoin is worth 35.2M USD. The market caps the whole company at 11.8M USD 0.33× its Bitcoin. Put plainly: you pay 33¢ for every $1 of Bitcoin it holds, a 67% discount to simply owning the coins. It bought in at an average of 723 USD per coin.

Bitmax (377030.KQ) mNAV — frequently asked

What is Bitmax (377030.KQ)'s mNAV?
Bitmax's mNAV is currently 0.33×. mNAV divides 377030.KQ's market capitalisation by the value of the Bitcoin it holds, so 0.33× means the market values the company at 0.33× the worth of its Bitcoin treasury (35.2M USD).
Is Bitmax (377030.KQ) overvalued versus its Bitcoin?
At 0.33×, Bitmax (377030.KQ) trades at a 67% discount to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 0.30×–29.64×.
How much Bitcoin does Bitmax (377030.KQ) hold?
Bitmax holds 551 BTC, worth 35.2M USD at current prices. Its most recent purchase was 51.1 BTC on Aug 13, 2025.

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