Metaplanet
3350.TMarket valuation vs the Bitcoin it holds
1.09×
Premium
a 9% premium to Bitcoin NAV
Metaplanet trades at 1.09× its Bitcoin NAV — you pay $1.09 for every $1 of Bitcoin it holds, a 2.57B USD pile.
Live · last updated
BTC held
40.2K BTC
Bitcoin treasury
Bitcoin NAV
2.57B USD
at today's BTC price
Market cap
1.86B USD
Fully diluted
Share price
235 JPY
JPY
Last BTC buy
5080 BTC
Mar 31, 2026
mNAV over time
Full history · dilutedToday's 1.09× sits in a 52-week range of 0.87× to 7.08×.
mNAV · 52-week range
0.87×–7.08×
0.87×now 1.09×7.08×
About Metaplanet
Metaplanet (3350.T) owns 40.2K BTC. At today's price that Bitcoin is worth 2.57B USD. The market caps the whole company at 1.86B USD — 1.09× its Bitcoin. Put plainly: you pay $1.09 for every $1 of Bitcoin it holds, a 9% premium for everything that isn't the Bitcoin. It bought in at an average of 22.6K USD per coin.
Metaplanet (3350.T) mNAV — frequently asked
- What is Metaplanet (3350.T)'s mNAV?
- Metaplanet's mNAV is currently 1.09×. mNAV divides 3350.T's market capitalisation by the value of the Bitcoin it holds, so 1.09× means the market values the company at 1.09× the worth of its Bitcoin treasury (2.57B USD).
- Is Metaplanet (3350.T) overvalued versus its Bitcoin?
- At 1.09×, Metaplanet (3350.T) trades at a 9% premium 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 0.87×–7.08×.
- How much Bitcoin does Metaplanet (3350.T) hold?
- Metaplanet holds 40.2K BTC, worth 2.57B USD at current prices. Its most recent purchase was 5080 BTC on Mar 31, 2026.
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