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Bitcoin Well Inc

BTCW.V

Market valuation vs the Bitcoin it holds

2.96×
live
Premium
a 196% premium to Bitcoin NAV

Bitcoin Well Inc trades at 2.96× its Bitcoin NAV — you pay $2.96 for every $1 of Bitcoin it holds, a 5.23M USD pile.

Live · last updated

BTC held
67.8 BTC
Bitcoin treasury
Bitcoin NAV
5.23M USD
at today's BTC price
Market cap
15.5M USD
Fully diluted
Share price
0.04 CAD
CAD
Last BTC buy
13.2 BTC
Oct 13, 2025

mNAV over time

Last 12 months · diluted

Today's 2.96× sits in a 52-week range of 1.48× to 6.59×.

mNAV · 52-week range
1.48×–6.59×
1.48×now 2.96×6.59×

About Bitcoin Well Inc

Bitcoin Well Inc (BTCW.V) owns 67.8 BTC. At today's price that Bitcoin is worth 5.23M USD. The market caps the whole company at 15.5M USD — 2.96× its Bitcoin. Put plainly: you pay $2.96 for every $1 of Bitcoin it holds, a 196% premium for everything that isn't the Bitcoin. It bought in at an average of 80.8K USD per coin.

Company facts

Country
Canadasource
Headquarters
Edmonton, Albertasource
Incorporated
Alberta, Canada (Business Corporations Act (Alberta))source
Business
Non-custodial bitcoin buying platform (Canada)source
Fiscal year end
December 31source
Auditor
Kingston Ross Pasnak LLP (Edmonton, Alberta)source
Investor relations
IR site ↗source

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

Bitcoin Well Inc (BTCW.V) mNAV — frequently asked

What is Bitcoin Well Inc (BTCW.V)'s mNAV?
Bitcoin Well Inc's mNAV is currently 2.96×. mNAV divides BTCW.V's market capitalisation by the value of the Bitcoin it holds, so 2.96× means the market values the company at 2.96× the worth of its Bitcoin treasury (5.23M USD).
Is Bitcoin Well Inc (BTCW.V) overvalued versus its Bitcoin?
At 2.96×, Bitcoin Well Inc (BTCW.V) trades at a 196% 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 1.48×–6.59×.
How much Bitcoin does Bitcoin Well Inc (BTCW.V) hold?
Bitcoin Well Inc holds 67.8 BTC, worth 5.23M USD at current prices. Its most recent purchase was 13.2 BTC on Oct 13, 2025.

Related datapoints