Metalpha Technology Holding MATH
NASDAQ MATH
$0.85 -0.08 (-8.60%)
At close: Sep 11, 2026 · 4:00 PM EDT

Metalpha Technology Holding (MATH) Invested Capital (2017 - 2026)

Metalpha Technology Holding's (MATH) quarterly Invested Capital came in at $54.4 million in Q1 2026, up 46.04% year-over-year from $37.3 million in Q1 2025, and down 23.06% quarter-over-quarter from $70.7 million in Q3 2025.

Analysis

Metalpha Technology Holding (MATH) Invested Capital (2017 - 2026) Analysis & Trends

Metalpha Technology Holding (MATH) has reported Invested Capital for 10 consecutive years, with $54.4 million the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Invested Capital rose 46.04% year-over-year to $54.4 million in Q1 2026; TTM through Mar 2026 was $54.4 million, a 46.04% increase from a year earlier, with the FY2026 full-year figure at $54.4 million, up 46.04% from the prior year.
  • Invested Capital was $54.4 million for Q1 2026 at Metalpha Technology Holding, down from $70.7 million in the prior quarter.
  • Over five years, Invested Capital peaked at $70.7 million in Q3 2025 and troughed at $10.7 million in Q3 2023.
  • A 5-year average of $36.7 million and a median of $37.3 million in 2025 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital jumped 280.78% in 2024 and sank 36.31% in 2025, its largest moves.
  • Over 5 years, Invested Capital stood at $20.4 million in 2022, then declined by 6.92% to $19.0 million in 2023, then surged by 114.37% to $40.7 million in 2024, then soared by 73.69% to $70.7 million in 2025, then slipped by 23.06% to $54.4 million in 2026.
  • The last three Invested Capital figures came in at $54.4 million (Q1 2026), $70.7 million (Q3 2025), and $37.3 million (Q1 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Circle Internet 21.16 Bn 19.43 Bn 288.85 Mn 3.51 Bn
2 Galaxy Digital 9.54 Bn 8.88 Bn 8.38 Bn 6.27 Bn
3 Gemini Space Station 573.86 Mn 385.24 Mn - -
4 Solana 177.06 Mn 173.41 Mn 2.45 Mn -
5 Empery Digital 85.45 Mn 85.45 Mn -68,184.00 168.35 Mn
6 Metalpha Technology Holding 40.05 Mn 36.11 Mn - 54.40 Mn
7 Fold Holdings 29.71 Mn 1.31 Mn 5.36 Mn 43.70 Mn
8 Amber International Holding 28.97 Mn -4.44 Mn 11.06 Mn 150.54 Mn
9 Fabric.AI 10.06 Mn -11.61 Mn - -
10 CEA Industries 7.41 Mn 324,022.19 1.96 Mn 306.23 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 54.40 Mn
Sep 30, 2025 70.71 Mn
Mar 31, 2025 37.25 Mn
Sep 30, 2024 40.71 Mn
Mar 31, 2024 58.49 Mn
Dec 31, 2023 18.99 Mn
Sep 30, 2023 10.69 Mn
Mar 31, 2023 18.99 Mn
Mar 31, 2022 20.40 Mn
Sep 30, 2021 9.50 Mn
Mar 31, 2021 12.57 Mn
Sep 30, 2020 6.54 Mn
Mar 31, 2020 7.77 Mn
Sep 30, 2019 8.65 Mn
Mar 31, 2019 9.38 Mn
Sep 30, 2018 11.70 Mn
Mar 31, 2018 11.06 Mn
Sep 30, 2017 11.44 Mn
Mar 31, 2017 3.06 Mn