C

Consensus Mining & Seigniorage Corporation

CMSG

Market valuation vs the Bitcoin it holds

2.76×
Premium
a 176% premium to Bitcoin NAV

Consensus Mining & Seigniorage Corporation trades at 2.76× its Bitcoin NAV — you pay $2.76 for every $1 of Bitcoin it holds, a 22.4M USD pile.

Live · last updated

BTC held
350 BTC
Bitcoin treasury
Bitcoin NAV
22.4M USD
at today's BTC price
Market cap
61.8M USD
Fully diluted
Share price
27.4 USD
USD
Last BTC buy
4 BTC
Mar 31, 2026

mNAV over time

Full history · diluted

Today's 2.76× sits in a 52-week range of 2.06× to 3.02×.

mNAV · 52-week range
2.06×–3.02×
2.06×now 2.76×3.02×

About Consensus Mining & Seigniorage Corporation

Consensus Mining & Seigniorage Corporation (CMSG) owns 350 BTC. At today's price that Bitcoin is worth 22.4M USD. The market caps the whole company at 61.8M USD 2.76× its Bitcoin. Put plainly: you pay $2.76 for every $1 of Bitcoin it holds, a 176% premium for everything that isn't the Bitcoin. It bought in at an average of 87.3K USD per coin.

Consensus Mining & Seigniorage Corporation (CMSG) mNAV — frequently asked

What is Consensus Mining & Seigniorage Corporation (CMSG)'s mNAV?
Consensus Mining & Seigniorage Corporation's mNAV is currently 2.76×. mNAV divides CMSG's market capitalisation by the value of the Bitcoin it holds, so 2.76× means the market values the company at 2.76× the worth of its Bitcoin treasury (22.4M USD).
Is Consensus Mining & Seigniorage Corporation (CMSG) overvalued versus its Bitcoin?
At 2.76×, Consensus Mining & Seigniorage Corporation (CMSG) trades at a 176% 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 2.06×–3.02×.
How much Bitcoin does Consensus Mining & Seigniorage Corporation (CMSG) hold?
Consensus Mining & Seigniorage Corporation holds 350 BTC, worth 22.4M USD at current prices. Its most recent purchase was 4 BTC on Mar 31, 2026.

Related datapoints