Company Metrics
BTC Price
Current price of Bitcoin
$66,543
3659.T BTC Holdings
Bitcoins held on balance sheet
₿1,717
3659.T mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
106.51x
3659.T Stock Price
Latest stock price (in USD)
$21.79
3659.T % from 52W High
Current price gap from 52-week high
-23%
3659.T Enterprise Value
MCap + Debt + Pref - Cash
$12.2B
3659.T Market Cap
Equity market value
$17.2B
3659.T BTC NAV
Current value of BTC = holdings × BTC price
$114.3M
3659.T MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
15077%
3659.T BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.008%
3659.T mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
150.77x
3659.T 1W Return
Feb 20, 2026 (¥3216.00) → Mar 1, 2026 (¥3400.00)
+5.72%
3659.T 1M Return
Jan 26, 2026 (¥4261.00) → Mar 1, 2026 (¥3400.00)
-20.21%
3659.T 3M Return
Nov 26, 2025 (¥3661.19) → Mar 1, 2026 (¥3400.00)
-7.13%
3659.T YTD Return
Dec 30, 2025 (¥3827.00) → Mar 1, 2026 (¥3400.00)
-11.16%
3659.T 1Y Return
Feb 27, 2025 (¥2022.96) → Mar 1, 2026 (¥3400.00)
+68.07%
3659.T 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+89.35 p.p.
3659.T 52W High
Highest price in the last 52 weeks (in USD)
$28.42
3659.T Basic Shares
Estimated basic shares outstanding
790,551,062
3659.T Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
3659.T Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$67.13M
3659.T Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$53.58M
3659.T Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$334.2M
3659.T Debt/BTC NAV
Debt as a % of BTC NAV
—
3659.T BTC Rating
BTC NAV ÷ Total Debt
—
3659.T Cash
Total cash and cash equivalents
$5.39B
3659.T Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
68.2%
3659.T Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
43.0%
3659.T Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
3659.T Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
3659.T Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
3659.T Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
3659.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)
—
3659.T Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
3659.T Short Interest (% Float)
% of tradable shares sold short
—
3659.T Bitcoin Exposure
BTC Price
Current price of Bitcoin
$66,543
3659.T BTC Holdings
Bitcoins held on balance sheet
₿1,717
3659.T BTC NAV
Current value of BTC = holdings × BTC price
$114.3M
3659.T BTC Rate (since Jan 1, 2024)
Average daily Bitcoin acquisition rate since Jan 1, 2024
—
3659.T BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.008%
3659.T Valuation Metrics
3659.T Stock Price
Latest stock price (in USD)
$21.79
3659.T Market Cap
Equity market value
$17.2B
3659.T mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
106.51x
3659.T mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
150.77x
3659.T BTC as % of MCAP
Bitcoin holdings value as a percentage of total market capitalization
1%
3659.T Enterprise Value
MCap + Debt + Pref - Cash
$12.2B
3659.T Basic Shares
Estimated basic shares outstanding
790,551,062
3659.T Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
3659.T Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$334.2M
3659.T Debt/BTC NAV
Debt as a % of BTC NAV
—
3659.T BTC Rating
BTC NAV ÷ Total Debt
—
3659.T Cash
Total cash and cash equivalents
$5.39B
3659.T Stock Returns
3659.T 1W Return
Feb 20, 2026 (¥3216.00) → Mar 1, 2026 (¥3400.00)
+5.72%
3659.T 1M Return
Jan 26, 2026 (¥4261.00) → Mar 1, 2026 (¥3400.00)
-20.21%
3659.T 3M Return
Nov 26, 2025 (¥3661.19) → Mar 1, 2026 (¥3400.00)
-7.13%
3659.T YTD Return
Dec 30, 2025 (¥3827.00) → Mar 1, 2026 (¥3400.00)
-11.16%
3659.T 1Y Return
Feb 27, 2025 (¥2022.96) → Mar 1, 2026 (¥3400.00)
+68.07%
3659.T 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+89.35 p.p.
3659.T 52W High
Highest price in the last 52 weeks (in USD)
$28.42
3659.T % Down from 52W High
Current price gap from 52-week high
-23.32%
3659.T Trading & Risk
3659.T Trading Volume
Most recent day's trading volume (VWAP × Volume)
$67.13M
3659.T Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$53.58M
3659.T 30D Volatility
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
68.2%
3659.T 1Y Volatility
Annualized standard deviation of the daily natural log return measured over the last calendar year
43.0%
3659.T Beta
5Y Monthly: Volatility vs market (1.0 ≈ market)
0.53
3659.T Short Interest (% Float)
% of tradable shares sold short
—
3659.T Options
3659.T Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
3659.T Total Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
3659.T Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
3659.T Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
3659.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)
—
3659.T Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
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About NEXON Co., Ltd.'s Bitcoin Treasury Strategy
NEXON Co., Ltd. (3659.T) ranks #38 globally among Bitcoin treasury companies, with 1,717 Bitcoin in its corporate treasury worth approximately $114.25M at current prices. This represents 0.008% of the total 21 million Bitcoin that will ever exist.
Trading at a stock price of $21.79 per share with a market capitalization of $17.23B, NEXON Co., Ltd.'s stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 106.51x. Bitcoin holdings represent 1% of the company's market cap, underscoring Bitcoin's central role in NEXON Co., Ltd.'s balance sheet strategy.
Recent stock performance shows +5.72% over the past week, -20.21% over the past month, -11.16% year-to-date, and +68.07% over the past year. NEXON Co., Ltd. currently trades -23.32% from its 52-week high. The stock averages $53.58M in daily trading volume over the past 30 days, with 30-day volatility at 68.2%.
NEXON Co., Ltd.'s Bitcoin treasury strategy is led by Junghun Lee (CEO).