Metaplanet
3350.TMarket valuation vs the Bitcoin it holds
0.91×
as at close
Discount
a 9% discount to Bitcoin NAV
Metaplanet trades at 0.91× its Bitcoin NAV — you pay 91¢ for every $1 of Bitcoin it holds, a 3.50B USD pile.
Live · last updated
BTC held
43,000 BTC
Bitcoin treasury
Bitcoin NAV
3.50B USD
at today's BTC price
Market cap
2.56B USD
Fully diluted
Share price
246 JPY
JPY
Last BTC buy
2820 BTC
Jun 30, 2026
mNAV over time
Last 12 months · diluted
Today's 0.91× sits in a 52-week range of 0.75× to 1.59×.
mNAV · 52-week range
0.75×–1.59×
0.75×now 0.91×1.59×
About Metaplanet
Metaplanet (3350.T) owns 43,000 BTC. At today's price that Bitcoin is worth 3.50B USD. The market caps the whole company at 2.56B USD — 0.91× its Bitcoin. Put plainly: you pay 91¢ for every $1 of Bitcoin it holds, a 9% discount to simply owning the coins. It bought in at an average of 26.3K USD per coin.
Metaplanet (3350.T) mNAV — frequently asked
- What is Metaplanet (3350.T)'s mNAV?
- Metaplanet's mNAV is currently 0.91×. mNAV divides 3350.T's market capitalisation by the value of the Bitcoin it holds, so 0.91× means the market values the company at 0.91× the worth of its Bitcoin treasury (3.50B USD).
- Is Metaplanet (3350.T) overvalued versus its Bitcoin?
- At 0.91×, Metaplanet (3350.T) trades at a 9% 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 0.75×–1.59×.
- How much Bitcoin does Metaplanet (3350.T) hold?
- Metaplanet holds 43,000 BTC, worth 3.50B USD at current prices. Its most recent purchase was 2820 BTC on Jun 30, 2026.
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