mNAV

mNAV: 4.367×
Market cap: $221,389,881
Bitcoin value: $50,698,326

Market cap is price × shares above. Bitcoin value is 600 BTC × $84,497.21, the BTC/USD close on 2026-10-02.

mNAV is market capitalisation divided by the dollar value of the bitcoin held. It is stated here, not judged: a ratio above or below 1 says nothing about whether the shares should be bought, held or sold. mNAV, explained · All public bitcoin treasuries

Sources

Holdings · read 2026-10-04
Exodus Movement Form 10-Q filed 2026-08-11 (period ended 2026-06-30): digital asset holdings table, "Bitcoin 600" units at June 30, 2026
Listing · read 2026-10-04
Exodus Movement Form 10-Q filed 2026-08-11 (period ended 2026-06-30), cover page: Class A common stock, trading symbol EXOD, registered on NYSE American
Share count · read 2026-10-04
Exodus Movement Form 10-Q filed 2026-08-11 (period ended 2026-06-30), cover page: 11,015,102 shares of Class A common stock and 19,188,156 shares of Class B common stock outstanding as of August 3, 2026; the filing states the same net income per share for both classes, so both are counted
Price · read 2026-10-04
Yahoo Finance chart data — EXOD regular-session close, 2026-10-02, USD

Acceptance

Admitted on 2026-10-04, pending review. Passes every rule: R1-HOLDINGS-SOURCE, R2-LISTING-VENUE, R3-SHARE-COUNT-SOURCE, R4-PRICE-OBSERVATION, R5-PRIMARY-ISSUER. Membership changes only at the quarterly review, so it enters the index at the close of 2026-12-31 and carries no weight until then.

An index is a measurement of a published universe. This page is information, not financial advice, and nothing on it is a recommendation to buy, hold or sell any security or asset.

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