Keel Infrastructure
BITF.TOMarket valuation vs the Bitcoin it holds
16.87×
Premium
a 1587% premium to Bitcoin NAV
Keel Infrastructure trades at 16.87× its Bitcoin NAV — you pay $16.87 for every $1 of Bitcoin it holds, a 160.3M USD pile.
Live · last updated
BTC held
2,469 BTC
Bitcoin treasury
Bitcoin NAV
160.3M USD
at today's BTC price
Market cap
2.63B USD
Fully diluted
Share price
6.12 CAD
CAD
Last BTC buy
911 BTC
May 15, 2026
mNAV over time
Full history · dilutedToday's 16.87× sits in a 52-week range of 4.06× to 26.96×.
mNAV · 52-week range
4.06×–26.96×
4.06×now 16.87×26.96×
About Keel Infrastructure
Keel Infrastructure (KEEL.TO) owns 2,469 BTC. At today's price that Bitcoin is worth 160.3M USD. The market caps the whole company at 2.63B USD — 16.87× its Bitcoin. Put plainly: you pay $16.87 for every $1 of Bitcoin it holds, a 1587% premium for everything that isn't the Bitcoin. It bought in at an average of 81.5K USD per coin.
Keel Infrastructure (KEEL.TO) mNAV — frequently asked
- What is Keel Infrastructure (KEEL.TO)'s mNAV?
- Keel Infrastructure's mNAV is currently 16.87×. mNAV divides KEEL.TO's market capitalisation by the value of the Bitcoin it holds, so 16.87× means the market values the company at 16.87× the worth of its Bitcoin treasury (160.3M USD).
- Is Keel Infrastructure (KEEL.TO) overvalued versus its Bitcoin?
- At 16.87×, Keel Infrastructure (KEEL.TO) trades at a 1587% 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 4.06×–26.96×.
- How much Bitcoin does Keel Infrastructure (KEEL.TO) hold?
- Keel Infrastructure holds 2,469 BTC, worth 160.3M USD at current prices. Its most recent purchase was 911 BTC on May 15, 2026.
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