Bitcoin Treasury Corporation

BTCT.V

Market valuation vs the Bitcoin it holds

0.55×
live
Discount
a 45% discount to Bitcoin NAV

Bitcoin Treasury Corporation trades at 0.55× its Bitcoin NAV — you pay 55¢ for every $1 of Bitcoin it holds, a 58.2M USD pile.

Live · last updated

BTC held
755 BTC
Bitcoin treasury
Bitcoin NAV
58.2M USD
at today's BTC price
Market cap
31.7M USD
Fully diluted
Share price
3.72 CAD
CAD
Last BTC buy
479 BTC
Jun 30, 2025

mNAV over time

Last 12 months · diluted

Today's 0.55× sits in a 52-week range of 0.41× to 0.72×.

mNAV · 52-week range
0.41×–0.72×
0.41×now 0.55×0.72×

About Bitcoin Treasury Corporation

Bitcoin Treasury Corporation (BTCT.V) owns 755 BTC. At today's price that Bitcoin is worth 58.2M USD. The market caps the whole company at 31.7M USD — 0.55× its Bitcoin. Put plainly: you pay 55¢ for every $1 of Bitcoin it holds, a 45% discount to simply owning the coins. It bought in at an average of 79.2K USD per coin.

Company facts

Country
Canadasource
Headquarters
Toronto, Ontariosource
Incorporated
Alberta, Canada (Business Corporations Act (Alberta); incorporated in BC 2021, continued to Alberta 2025-01-21)source
Business
Bitcoin treasury company (institutional bitcoin lending services)source
Fiscal year end
December 31source
Auditor
Ernst & Young LLP (Toronto, Canada)source
Investor relations
IR site ↗source

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

Bitcoin Treasury Corporation (BTCT.V) mNAV — frequently asked

What is Bitcoin Treasury Corporation (BTCT.V)'s mNAV?
Bitcoin Treasury Corporation's mNAV is currently 0.55×. mNAV divides BTCT.V's market capitalisation by the value of the Bitcoin it holds, so 0.55× means the market values the company at 0.55× the worth of its Bitcoin treasury (58.2M USD).
Is Bitcoin Treasury Corporation (BTCT.V) overvalued versus its Bitcoin?
At 0.55×, Bitcoin Treasury Corporation (BTCT.V) trades at a 45% discount 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 0.41×–0.72×.
How much Bitcoin does Bitcoin Treasury Corporation (BTCT.V) hold?
Bitcoin Treasury Corporation holds 755 BTC, worth 58.2M USD at current prices. Its most recent purchase was 479 BTC on Jun 30, 2025.

Related datapoints