C
Convano Inc
6574.TMarket valuation vs the Bitcoin it holds
5.41×
Premium
a 441% premium to Bitcoin NAV
Convano Inc trades at 5.41× its Bitcoin NAV — you pay $5.41 for every $1 of Bitcoin it holds, a 48.7M USD pile.
Live · last updated
BTC held
763 BTC
Bitcoin treasury
Bitcoin NAV
48.7M USD
at today's BTC price
Market cap
263.2M USD
Fully diluted
Share price
83 JPY
JPY
Last BTC buy
97.7 BTC
Nov 21, 2025
mNAV over time
Full history · dilutedToday's 5.41× sits in a 52-week range of 4.67× to 19.49×.
mNAV · 52-week range
4.67×–19.49×
4.67×now 5.41×19.49×
About Convano Inc
Convano Inc (6574.T) owns 763 BTC. At today's price that Bitcoin is worth 48.7M USD. The market caps the whole company at 263.2M USD — 5.41× its Bitcoin. Put plainly: you pay $5.41 for every $1 of Bitcoin it holds, a 441% premium for everything that isn't the Bitcoin. It bought in at an average of 753 USD per coin.
Convano Inc (6574.T) mNAV — frequently asked
- What is Convano Inc (6574.T)'s mNAV?
- Convano Inc's mNAV is currently 5.41×. mNAV divides 6574.T's market capitalisation by the value of the Bitcoin it holds, so 5.41× means the market values the company at 5.41× the worth of its Bitcoin treasury (48.7M USD).
- Is Convano Inc (6574.T) overvalued versus its Bitcoin?
- At 5.41×, Convano Inc (6574.T) trades at a 441% 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 4.67×–19.49×.
- How much Bitcoin does Convano Inc (6574.T) hold?
- Convano Inc holds 763 BTC, worth 48.7M USD at current prices. Its most recent purchase was 97.7 BTC on Nov 21, 2025.
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