Anap Holdings Inc.
BTC Holdings
913.5
Total P&L
+12.64%
Total profit/loss on Bitcoin holdings
Average Cost per BTC
$100,234
Average price paid for each Bitcoin
Share Price
$701
Current trading price per share
Market Cap
$26,000M
Total market capitalization
Enterprise Value
$18,000M
Market cap plus debt minus cash
NAV Multiple
1.556
Net Asset Value multiplier
BTC / Market Cap
64.3%
Bitcoin holdings as % of market cap
About Anap Holdings Inc.
Anap Holdings Inc., listed on the Tokyo Stock Exchange with the ticker 3189.T, is a fashion retail company headquartered in Tokyo, Japan. Established to provide trendy apparel and accessories, it targets young consumers with stylish, affordable clothing. Its business model emphasizes a multi-channel approach, combining physical stores and e-commerce platforms to reach a diverse customer base, while focusing on brand innovation and market responsiveness to drive sales.
The company integrates Bitcoin into its treasury strategy, holding it as a reserve asset through its subsidiary ANAP Lightning Capital, recognizing it as digital gold for value preservation. This approach involves strategic acquisitions and quarterly fair value assessments to enhance financial resilience. Beyond treasury management, Anap Holdings pursues a broader digital asset strategy, including Bitcoin mining operations and exploring blockchain applications to support its evolving financial ecosystem.
Led by President and CEO Yuta Sawaki, Anap Holdings maintains a prominent presence in Japan's competitive fashion industry. Its forward-thinking leadership positions the company as a pioneer among Japanese firms adopting digital assets. By merging retail operations with blockchain innovation, Anap Holdings ensures long-term relevance in the intersection of consumer trends and digital finance.
Recent Developments
- Aug 7, 2025: Bitcoin holdings increased by 82.40 BTC to 913.5 BTC with cost basis of $88.3M (BTC @ $115K), stock price $732.00
- Jul 31, 2025: Bitcoin holdings increased by 646.40 BTC to 831.1 BTC with cost basis of $78.8M (BTC @ $117.8K), stock price $880.00
- Jun 18, 2025: Bitcoin holdings increased by 31.20 BTC to 184.7 BTC (BTC @ $104.6K), stock price $1642.00
- Jun 12, 2025: Bitcoin holdings increased by 27.50 BTC to 153.5 BTC with cost basis of $15.8M (BTC @ $108.7K), stock price $1260.00
- Jun 11, 2025: Bitcoin holdings increased by 23.10 BTC to 126 BTC with cost basis of $12.8M (BTC @ $110.3K), stock price $1414.00
Anap Holdings Inc. — Bitcoin Holdings Over Time
1y - Present
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Anap Holdings Inc. — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History