Bitcoin Treasury Corporation

BTCT.V

Market valuation vs the Bitcoin it holds

0.56×
live
Discount
a 44% discount to Bitcoin NAV

Bitcoin Treasury Corporation trades at 0.56× its Bitcoin NAV — you pay 56¢ for every $1 of Bitcoin it holds, a 60.0M USD pile.

Live · last updated

BTC held
738 BTC
Bitcoin treasury
Bitcoin NAV
60.0M USD
at today's BTC price
Market cap
33.4M USD
Fully diluted
Share price
3.92 CAD
CAD
Last BTC buy
479 BTC
Jun 30, 2025

mNAV over time

Last 12 months · diluted

Today's 0.56× sits in a 52-week range of 0.43× to 0.72×.

mNAV · 52-week range
0.43×–0.72×
0.43×now 0.56×0.72×

About Bitcoin Treasury Corporation

Bitcoin Treasury Corporation (BTCT.V) owns 738 BTC. At today's price that Bitcoin is worth 60.0M USD. The market caps the whole company at 33.4M USD 0.56× its Bitcoin. Put plainly: you pay 56¢ for every $1 of Bitcoin it holds, a 44% discount to simply owning the coins. It bought in at an average of 79.7K USD per coin.

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

What is Bitcoin Treasury Corporation (BTCT.V)'s mNAV?
Bitcoin Treasury Corporation's mNAV is currently 0.56×. mNAV divides BTCT.V's market capitalisation by the value of the Bitcoin it holds, so 0.56× means the market values the company at 0.56× the worth of its Bitcoin treasury (60.0M USD).
Is Bitcoin Treasury Corporation (BTCT.V) overvalued versus its Bitcoin?
At 0.56×, Bitcoin Treasury Corporation (BTCT.V) trades at a 44% 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 0.43×–0.72×.
How much Bitcoin does Bitcoin Treasury Corporation (BTCT.V) hold?
Bitcoin Treasury Corporation holds 738 BTC, worth 60.0M USD at current prices. Its most recent purchase was 479 BTC on Jun 30, 2025.

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