Daily mNAV Report (Sep 19, 2025)

$MSTR: 1.33x
- Share Price: $344.75
- BTC Holdings: 638,985

Metaplanet (Nikkei): 1.31x
- BTC Holdings: 20,136

$BLSH: 3.77x
- Share Price: $69.18
- BTC Holdings: 24,340

$SMLR: 0.73x
- Share Price: $29.18
- BTC Holdings: 5,021

$SQNS: 3.83x
- Share Price: $9.84
- BTC Holdings: 3,205

BTC Price: $115,632.00

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