Leaderboard / Other / Japan
ANAP Holdings (3189.T) bitcoin per share
ANAP Holdings does not fit the usual bitcoin treasury mold, which is exactly why the per-share math matters. Headline holdings tell you what the company owns; BTC per share tells you what you own through the stock. Listed on Tokyo Stock Exchange (Standard) and based in Japan, it holds 1,432 BTC against 45,540,000 shares outstanding, which works out to 3,144.49 satoshis per share. That puts it at rank 32 of 81 on the bitcoinps.com leaderboard, in the upper half of listed corporate holders on a per-share basis.
The math
The calculation is deliberately simple: 1,432 BTC (as of August 3, 2026) divided by 45,540,000 basic shares (as of August 3, 2026) gives 0.00003144 BTC per share. Put another way, you would need roughly 31,802 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.
Holdings context
Both the numerator and the denominator are moving here. The company keeps adding bitcoin, but it funds those purchases by issuing shares, so BTC per share only rises when new coins outpace new stock. That race, not the headline coin count, is the number to watch.
What would change this number
- Share issuance (ATM programs and placings). This company has a record of funding itself, and in some periods funding bitcoin purchases, with new equity. Every share sold at the market adds to the denominator. Issuance above the stock's bitcoin value per share is accretive; issuance below it dilutes every existing holder's sats.
- New bitcoin purchases or sales. Any change to the coin count moves the numerator one for one. Purchase announcements lift BTC per share immediately; sales, loans against the position or collateral arrangements cut or complicate it.
- Lending and yield programs. Part or all of this position is deployed in lending or yield-generating arrangements. Coins on loan are still counted as held, but they carry counterparty risk that plain cold-storage treasuries do not, which is worth pricing into how you read the number.
Quick reference: at the current figure, roughly 31,802 shares of 3189.T represent one full bitcoin.
Sources
- https://chainwire.org/2026/04/23/hashkey-group-announces-strategic-partnership-with-anap-holdings-to-expand-bitcoin-treasury-and-institutional-asset-management-in-japan/
- https://stockanalysis.com/quote/tyo/3189/statistics/
Listed on Tokyo Stock Exchange (Standard). Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.