I cite Diablo-D3 for this information along with the asset information for CPA that is available to the members of the board. Consider purchasing CPA after you have done your research.

Disclosure: I own 154 shares of CPA.

Without knowing how much of those assets are usagi's very own creatively accounted assets, or other assets that are guaranteed by cpa, this is a meaningless statement even if its true.

For instance, usagi has said CPA holds nyan, last report he mentioned no less than 1400 nyan shares. Nyan trades for 1 BTC (well above nav) only because it mostly holds nyan.a. Nyan.a trades around 1 BTC only because cpa guarantees it. This liability is serious; Nyan is a pretty exposed to obsi.ponzi, DMC and other toxic assets, both directly and through BMF. The actual NAV for nyan.a is around 0.7 if you naively assume last trade price is an accurate reflection of market value,  even for assets for which there are no bids like obsiponzi.

And you have to equally believe usagi's creative accounting. For instance, he is on record saying "A completely fair price for BMF is probably 0.57 BTC per share." BMF is listed on nyan.s balancesheet for 0.513 (BTW, BMFs balancesheet also has Nyan shares on it!). But if you check GLBSE, you see the last trade was at 0.21 and I just calculated BMF nav with the same hopelessly optimistic assumptions as above (BMF also holds Nyan and DMC and obsiponzi)  and I get a NAV of 0.26 per share.

Lastly, and most importantly, CPA is in the business of insuring. CPA insured YARR and when that went south CPA nearly collapsed. I cant make any sense of CPA's financial statements, but even if I could, it doesnt list the contracts, so who knows what will happen when obsi defaults, not only to usagi's own assets, but the assets that he insures that may well be directly or indirectly exposed to it.

Due your own due diligence, but I wouldnt touch this with a 10 foot pole.