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NEXON Co., Ltd.

3659.T

Market valuation vs the Bitcoin it holds

104.19×
live
Premium
a 10319% premium to Bitcoin NAV

NEXON Co., Ltd. trades at 104.19× its Bitcoin NAV — you pay $104.19 for every $1 of Bitcoin it holds, a 132.8M USD pile.

Live · last updated

BTC held
1,717 BTC
Bitcoin treasury
Bitcoin NAV
132.8M USD
at today's BTC price
Market cap
13.8B USD
Fully diluted
Share price
2,720 JPY
JPY
Last BTC buy
1720 BTC
Apr 28, 2021

mNAV over time

Last 12 months · diluted

Today's 104.19× sits in a 52-week range of 82.48× to 180.12×.

mNAV · 52-week range
82.48×–180.12×
82.48×now 104.19×180.12×

About NEXON Co., Ltd.

NEXON Co., Ltd. (3659.T) owns 1,717 BTC. At today's price that Bitcoin is worth 132.8M USD. The market caps the whole company at 13.8B USD — 104.19× its Bitcoin. Put plainly: you pay $104.19 for every $1 of Bitcoin it holds, a 10319% premium for everything that isn't the Bitcoin. It bought in at an average of 536 USD per coin.

Company facts

Country
Japansource
Headquarters
Tokyo, Japansource
Incorporated
Japan (kabushiki kaisha)source
Business
PC online and mobile game production, development and publishingsource
Fiscal year end
December 31source
Auditor
PricewaterhouseCoopers Japan LLCsource
Investor relations
IR site ↗source

Each fact links to the filing or official page it was taken from.

NEXON Co., Ltd. (3659.T) mNAV — frequently asked

What is NEXON Co., Ltd. (3659.T)'s mNAV?
NEXON Co., Ltd.'s mNAV is currently 104.19×. mNAV divides 3659.T's market capitalisation by the value of the Bitcoin it holds, so 104.19× means the market values the company at 104.19× the worth of its Bitcoin treasury (132.8M USD).
Is NEXON Co., Ltd. (3659.T) overvalued versus its Bitcoin?
At 104.19×, NEXON Co., Ltd. (3659.T) trades at a 10319% 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 82.48×–180.12×.
How much Bitcoin does NEXON Co., Ltd. (3659.T) hold?
NEXON Co., Ltd. holds 1,717 BTC, worth 132.8M USD at current prices. Its most recent purchase was 1720 BTC on Apr 28, 2021.

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