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Anap Holdings (3189.T) Bitcoin Treasury Dashboard

Track 3189.T BTC holdings, mNAV, volume, volatility, price, and treasury analytics.

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Anap Holdings (3189.T)
🇯🇵
#46
BitcoinQuant
BTC Price
Current price of Bitcoin
$66,543
3189.T BTC Holdings
Bitcoins held on balance sheet
1,146
3189.T mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
1.33x
3189.T Stock Price
Latest stock price (in USD)
$1.53
3189.T % from 52W High
Current price gap from 52-week high
-87%
3189.T Enterprise Value
MCap + Debt + Pref - Cash
$101.8M
3189.T Market Cap
Equity market value
$63.7M
3189.T BTC NAV
Current value of BTC = holdings × BTC price
$76.3M
3189.T MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
84%
3189.T BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.005%
3189.T mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.83x
3189.T 1W Return
Feb 20, 2026 (¥249.00) → Mar 1, 2026 (¥238.00)
-4.42%
3189.T 1M Return
Jan 26, 2026 (¥280.00) → Mar 1, 2026 (¥238.00)
-15.00%
3189.T 3M Return
Nov 26, 2025 (¥442.00) → Mar 1, 2026 (¥238.00)
-46.15%
3189.T YTD Return
Dec 30, 2025 (¥269.00) → Mar 1, 2026 (¥238.00)
-11.52%
3189.T 1Y Return
Feb 27, 2025 (¥539.00) → Mar 1, 2026 (¥238.00)
-55.84%
3189.T 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-34.57 p.p.
3189.T 52W High
Highest price in the last 52 weeks (in USD)
$11.76
3189.T Basic Shares
Estimated basic shares outstanding
41,748,636
3189.T Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
3189.T Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$151.31K
3189.T Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$193.63K
3189.T Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$45.5M
3189.T Debt/BTC NAV
Debt as a % of BTC NAV
3189.T BTC Rating
BTC NAV ÷ Total Debt
3189.T Cash
Total cash and cash equivalents
$7.43M
3189.T Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
66.0%
3189.T Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
88.8%
3189.T Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
3189.T Open Interest
Outstanding open interest contracts × 100 shares × live share price
3189.T Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
3189.T Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
3189.T Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
3189.T Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
3189.T Short Interest (% Float)
% of tradable shares sold short
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About Anap Holdings's Bitcoin Treasury Strategy

Anap Holdings (3189.T) ranks #46 globally among Bitcoin treasury companies, with 1,146 Bitcoin in its corporate treasury worth approximately $76.26M at current prices. This represents 0.005% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $1.53 per share with a market capitalization of $63.68M, Anap Holdings's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 1.33x. Bitcoin holdings represent 120% of the company's market cap, underscoring Bitcoin's central role in Anap Holdings's balance sheet strategy.

Recent stock performance shows -4.42% over the past week, -15.00% over the past month, -11.52% year-to-date, and -55.84% over the past year. Anap Holdings currently trades -87.03% from its 52-week high. The stock averages $193.63K in daily trading volume over the past 30 days, with 30-day volatility at 66.0%.

Anap Holdings's Bitcoin treasury strategy is led by Shinji Yuasa (Executive VP).

Anap Holdings (3189.T) Bitcoin Treasury Detailed Analysis

Bitcoin Exposure & Holdings

Anap Holdings (3189.T) currently holds 1,146 Bitcoin in its corporate treasury. This represents 0.005% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $65,929.00, Anap Holdings's Bitcoin holdings are worth approximately $75.55 million, which represents the company's Bitcoin NAV (Net Asset Value).

Anap Holdings's total cost basis for its Bitcoin holdings is $127.33 million, putting the company at a -40.66% unrealized loss on its Bitcoin position.

Anap Holdings held 0 Bitcoin on January 1st, 2024. Since then, Anap Holdings has been acquiring an average of 0.00 BTC per day, representing N/A growth in Bitcoin holdings since then.

Valuation Metrics & Market Capitalization

Anap Holdings (3189.T) stock price currently trades at $1.56 per share.

With a market capitalization of $65.28 million, Anap Holdings ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Anap Holdings's mNAV is 1.37x, meaning the market values the company's total capital structure at 1.37x times its underlying Bitcoin holdings.

On a Market Cap basis, Anap Holdings's mNAV is 0.86x relative to Bitcoin NAV.

Bitcoin holdings represent 115.7% of Anap Holdings's total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Anap Holdings's Enterprise Value is $103.36 million, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Anap Holdings has total outstanding debt of $45.50 million, representing a debt-to-Bitcoin NAV ratio of 0.60x.

The BTC Rating for Anap Holdings is 1.66x (Bitcoin NAV ÷ Total Debt), indicating 1.66x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Anap Holdings holds $7.43 million.

Anap Holdings reported total revenue of $11.37 million and operating cash flow of $-12,484,202.49.

Trading Volume & Risk Metrics

In the most recent trading session, 3189.T recorded $137,920.96 thousand in dollar volume.

Over the past 30 days, 3189.T has averaged $232,288.16 thousand in daily trading volume.

Anap Holdings's 30-day historical volatility is 66.0%.

Over the past calendar year, 3189.T's historical volatility is 88.8%.

Anap Holdings's beta is -0.29x.

Anap Holdings's 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is 8.9%, measuring how closely the stock tracks spot Bitcoin exposure.

3189.T currently trades -86.70% from its 52-week high.

Bitcoin Strategy Leadership

Anap Holdings's Bitcoin treasury strategy is led by Shinji Yuasa (Executive VP).

Anap Holdings Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Anap Holdings Bitcoin treasury chart above provides a comprehensive visualization of the company's Bitcoin treasury performance over time, allowing investors to track BTC holdings, acquisition rates, and valuation metrics.

All of the data on this page — including Anap Holdings's Bitcoin NAV, mNAV, BTC Rating, cost basis, and options activity — is calculated in real time and updated continuously on BitcoinQuant. By analyzing these treasury metrics alongside historical acquisition data and market performance, investors can gain insights into Anap Holdings's Bitcoin accumulation strategy and compare it against other Bitcoin treasury companies tracked across the BitcoinQuant platform.

BitcoinQuant tracks the full universe of public companies holding Bitcoin, providing real-time analytics on holdings, valuations, financial health, trading activity, and risk metrics across every Bitcoin treasury stock in the market.

Data as of: 03/01/2026, 3:03 PM ET