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Murano

MRNO

Market valuation vs the Bitcoin it holds

20.40×
Premium
a 1940% premium to Bitcoin NAV

Murano trades at 20.40× its Bitcoin NAV — you pay $20.40 for every $1 of Bitcoin it holds, a 1.34M USD pile.

Live · last updated

BTC held
21 BTC
Bitcoin treasury
Bitcoin NAV
1.34M USD
at today's BTC price
Market cap
22.6M USD
Fully diluted
Share price
0.285 USD
USD
Last BTC buy
21 BTC
Jul 7, 2025

mNAV over time

Full history · diluted

Today's 20.40× sits in a 52-week range of 10.48× to 369.67×.

mNAV · 52-week range
10.48×–369.67×
10.48×now 20.40×369.67×

About Murano

Murano (MRNO) owns 21 BTC. At today's price that Bitcoin is worth 1.34M USD. The market caps the whole company at 22.6M USD 20.40× its Bitcoin. Put plainly: you pay $20.40 for every $1 of Bitcoin it holds, a 1940% premium for everything that isn't the Bitcoin. It bought in at an average of 108.2K USD per coin.

Murano (MRNO) mNAV — frequently asked

What is Murano (MRNO)'s mNAV?
Murano's mNAV is currently 20.40×. mNAV divides MRNO's market capitalisation by the value of the Bitcoin it holds, so 20.40× means the market values the company at 20.40× the worth of its Bitcoin treasury (1.34M USD).
Is Murano (MRNO) overvalued versus its Bitcoin?
At 20.40×, Murano (MRNO) trades at a 1940% 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 10.48×–369.67×.
How much Bitcoin does Murano (MRNO) hold?
Murano holds 21 BTC, worth 1.34M USD at current prices. Its most recent purchase was 21 BTC on Jul 7, 2025.

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