B
BTCS S.A.
BTF.WAMarket valuation vs the Bitcoin it holds
2.95×
Premium
a 195% premium to Bitcoin NAV
BTCS S.A. trades at 2.95× its Bitcoin NAV — you pay $2.95 for every $1 of Bitcoin it holds, a 13.0M USD pile.
Live · last updated
BTC held
199 BTC
Bitcoin treasury
Bitcoin NAV
13.0M USD
at today's BTC price
Market cap
0 USD
Fully diluted
Share price
0.87 EUR
EUR
Last BTC buy
62.5 BTC
Mar 31, 2026
mNAV over time
Full history · dilutedToday's 2.95× sits in a 52-week range of 2.77× to 3.80×.
mNAV · 52-week range
2.77×–3.80×
2.77×now 2.95×3.80×
About BTCS S.A.
BTCS S.A. (36C.F) owns 199 BTC. At today's price that Bitcoin is worth 13.0M USD. The market caps the whole company at 0 USD — 2.95× its Bitcoin. Put plainly: you pay $2.95 for every $1 of Bitcoin it holds, a 195% premium for everything that isn't the Bitcoin. It bought in at an average of 98.4K USD per coin.
BTCS S.A. (36C.F) mNAV — frequently asked
- What is BTCS S.A. (36C.F)'s mNAV?
- BTCS S.A.'s mNAV is currently 2.95×. mNAV divides 36C.F's market capitalisation by the value of the Bitcoin it holds, so 2.95× means the market values the company at 2.95× the worth of its Bitcoin treasury (13.0M USD).
- Is BTCS S.A. (36C.F) overvalued versus its Bitcoin?
- At 2.95×, BTCS S.A. (36C.F) trades at a 195% 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 2.77×–3.80×.
- How much Bitcoin does BTCS S.A. (36C.F) hold?
- BTCS S.A. holds 199 BTC, worth 13.0M USD at current prices. Its most recent purchase was 62.5 BTC on Mar 31, 2026.
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