Keel Infrastructure
BITF.TOMarket valuation vs the Bitcoin it holds
22.30×
Premium
a 2130% premium to Bitcoin NAV
Keel Infrastructure trades at 22.30× its Bitcoin NAV — you pay $22.30 for every $1 of Bitcoin it holds, a 157.9M USD pile.
Live · last updated
BTC held
2470 BTC
Bitcoin treasury
Bitcoin NAV
157.9M USD
at today's BTC price
Market cap
3.52B USD
Fully diluted
Share price
8.24 CAD
CAD
Last BTC buy
911 BTC
May 15, 2026
mNAV over time
Full history · dilutedToday's 22.30× sits in a 52-week range of 3.33× to 23.60×.
mNAV · 52-week range
3.33×–23.60×
3.33×now 22.30×23.60×
About Keel Infrastructure
Keel Infrastructure (BITF.TO) owns 2470 BTC. At today's price that Bitcoin is worth 157.9M USD. The market caps the whole company at 3.52B USD — 22.30× its Bitcoin. Put plainly: you pay $22.30 for every $1 of Bitcoin it holds, a 2130% premium for everything that isn't the Bitcoin. It bought in at an average of 81.5K USD per coin.
Keel Infrastructure (BITF.TO) mNAV — frequently asked
- What is Keel Infrastructure (BITF.TO)'s mNAV?
- Keel Infrastructure's mNAV is currently 22.30×. mNAV divides BITF.TO's market capitalisation by the value of the Bitcoin it holds, so 22.30× means the market values the company at 22.30× the worth of its Bitcoin treasury (157.9M USD).
- Is Keel Infrastructure (BITF.TO) overvalued versus its Bitcoin?
- At 22.30×, Keel Infrastructure (BITF.TO) trades at a 2130% 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 3.33×–23.60×.
- How much Bitcoin does Keel Infrastructure (BITF.TO) hold?
- Keel Infrastructure holds 2470 BTC, worth 157.9M USD at current prices. Its most recent purchase was 911 BTC on May 15, 2026.
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