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Ace Digital

ACED.OL

Market valuation vs the Bitcoin it holds

1.50×
live
Premium
a 50% premium to Bitcoin NAV

Ace Digital trades at 1.50× its Bitcoin NAV — you pay $1.50 for every $1 of Bitcoin it holds, a 3.83M USD pile.

Live · last updated

BTC held
50 BTC
Bitcoin treasury
Bitcoin NAV
3.83M USD
at today's BTC price
Market cap
5.77M USD
Fully diluted
Share price
0.406 NOK
NOK
Last BTC buy
58 BTC
Oct 1, 2025

mNAV over time

Last 12 months · diluted

Today's 1.50× sits in a 52-week range of 0.98× to 2.21×.

mNAV · 52-week range
0.98×–2.21×
0.98×now 1.50×2.21×

About Ace Digital

Ace Digital (ACED.OL) owns 50 BTC. At today's price that Bitcoin is worth 3.83M USD. The market caps the whole company at 5.77M USD — 1.50× its Bitcoin. Put plainly: you pay $1.50 for every $1 of Bitcoin it holds, a 50% premium for everything that isn't the Bitcoin. It bought in at an average of 11.7K USD per coin.

Company facts

Country
Norwaysource
Headquarters
Oslo, Norwaysource
Incorporated
Norway (aksjeselskap, org.nr 924 665 297)source
Business
Bitcoin platform company (treasury, venture, fund, advisory)source
Fiscal year end
December 31source
Auditor
Revisorkonsult AS (Oslo)source
Investor relations
IR site ↗source

Each fact links to the filing or official page it was taken from.

Ace Digital (ACED.OL) mNAV — frequently asked

What is Ace Digital (ACED.OL)'s mNAV?
Ace Digital's mNAV is currently 1.50×. mNAV divides ACED.OL's market capitalisation by the value of the Bitcoin it holds, so 1.50× means the market values the company at 1.50× the worth of its Bitcoin treasury (3.83M USD).
Is Ace Digital (ACED.OL) overvalued versus its Bitcoin?
At 1.50×, Ace Digital (ACED.OL) trades at a 50% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 0.98×–2.21×.
How much Bitcoin does Ace Digital (ACED.OL) hold?
Ace Digital holds 50 BTC, worth 3.83M USD at current prices. Its most recent purchase was 58 BTC on Oct 1, 2025.

Related datapoints