BNB Plus Corp.

AI-generated fair value estimate for this company.

Method: Net asset value: digital-asset treasury (direct BNB holdings, custodian receivable and digital-asset trust investment) of about $9.07M plus cash of $3.76M, less an estimated $0.5M of accrued liabilities, divided by 6,197,223 shares outstanding as of the June 30, 2026 10-Q.

Reasoning: Like other BNB-treasury vehicles, BNB Plus Corp's intrinsic value is best captured by marking its digital-asset holdings and cash to fair value rather than by discounting operating cash flow, since the company has pivoted its business model to BNB accumulation; the estimate does not fully account for potential dilution from outstanding warrants (e.g., L1 Capital's roughly 540,000-warrant stake), which could reduce per-share NAV if exercised.