B
BTCS S.A.
BTF.WAMarket valuation vs the Bitcoin it holds
0.52×
live
Discount
a 48% discount to Bitcoin NAV
BTCS S.A. trades at 0.52× its Bitcoin NAV — you pay 52¢ for every $1 of Bitcoin it holds, a 15.3M USD pile.
Live · last updated
BTC held
199 BTC
Bitcoin treasury
Bitcoin NAV
15.3M USD
at today's BTC price
Market cap
7.88M USD
Fully diluted
Share price
0.755 EUR
EUR
Last BTC buy
62.5 BTC
Mar 31, 2026
mNAV over time
Last 12 months · diluted
Today's 0.52× sits in a 52-week range of 1.97× to 3.80×.
mNAV · 52-week range
1.97×–3.80×
1.97×now 0.52×3.80×
About BTCS S.A.
BTCS S.A. (36C.F) owns 199 BTC. At today's price that Bitcoin is worth 15.3M USD. The market caps the whole company at 7.88M USD — 0.52× its Bitcoin. Put plainly: you pay 52¢ for every $1 of Bitcoin it holds, a 48% discount to simply owning the coins. It bought in at an average of 98.4K USD per coin.
Company facts
- Country
- Polandsource
- Headquarters
- Warsaw, Polandsource
- Incorporated
- Poland (spółka akcyjna, KRS 0000390734, District Court for the Capital City of Warsaw)source
- Business
- Digital asset treasury company (active treasury: validation/staking)source
- Fiscal year end
- December 31source
- Auditor
- Quantum Audyt Sp. z o.o. (Łódź)source
- Website
- btcs.com.pl ↗source
- Social
- X ↗LinkedIn ↗source
Each fact links to the filing or official page it was taken from.
BTCS S.A. (36C.F) mNAV — frequently asked
- What is BTCS S.A. (36C.F)'s mNAV?
- BTCS S.A.'s mNAV is currently 0.52×. mNAV divides 36C.F's market capitalisation by the value of the Bitcoin it holds, so 0.52× means the market values the company at 0.52× the worth of its Bitcoin treasury (15.3M USD).
- Is BTCS S.A. (36C.F) overvalued versus its Bitcoin?
- At 0.52×, BTCS S.A. (36C.F) trades at a 48% 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 1.97×–3.80×.
- How much Bitcoin does BTCS S.A. (36C.F) hold?
- BTCS S.A. holds 199 BTC, worth 15.3M USD at current prices. Its most recent purchase was 62.5 BTC on Mar 31, 2026.
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