What is Core Scientific (CORZ)'s mNAV?

Core Scientific's mNAV is currently 96.78×. mNAV divides CORZ's market capitalisation by the value of the Bitcoin it holds, so 96.78× means the market values the company at 96.78× the worth of its Bitcoin treasury (64.8M USD).

Is Core Scientific (CORZ) overvalued versus its Bitcoin?

At 96.78×, Core Scientific (CORZ) trades at a 9578% 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 21.94×–268.28×.

How much Bitcoin does Core Scientific (CORZ) hold?

Core Scientific holds 848 BTC, worth 64.8M USD at current prices. Its most recent purchase was 301 BTC on Jun 30, 2026.

Core Scientific

Name: Core Scientific (CORZ) mNAV time series
Creator: mNAV

CORZ

Market valuation vs the Bitcoin it holds

96.78×

live

Premium

a 9578% premium to Bitcoin NAV

Core Scientific trades at 96.78× its Bitcoin NAV — you pay $96.78 for every $1 of Bitcoin it holds, a 64.8M USD pile.

Live · last updated Nov 3, 2026

BTC held

848 BTC

Bitcoin treasury

Bitcoin NAV

64.8M USD

at today's BTC price

Market cap

6.27B USD

Fully diluted

Share price

12.5 USD

USD

Last BTC buy

301 BTC

Jun 30, 2026

mNAV over time

Last 12 months · diluted

Today's 96.78× sits in a 52-week range of 21.94× to 268.28×.

mNAV · 52-week range

21.94×–268.28×

21.94×now 96.78×268.28×

About Core Scientific

Core Scientific (CORZ) owns 848 BTC. At today's price that Bitcoin is worth 64.8M USD. The market caps the whole company at 6.27B USD — 96.78× its Bitcoin. Put plainly: you pay $96.78 for every $1 of Bitcoin it holds, a 9578% premium for everything that isn't the Bitcoin. It bought in at an average of 97.8K USD per coin.

Company facts

Country: USAsource
Headquarters: Dover, Delawaresource
Incorporated: Delawaresource
Business: High-density data centers (AI/HPC colocation and bitcoin mining)source
Fiscal year end: December 31source
Auditor: KPMG LLP (Chicago, Illinois)source
Website: corescientific.com ↗source
Investor relations: IR site ↗source
Social: X ↗LinkedIn ↗YouTube ↗source

Each fact links to the filing or official page it was taken from.

Core Scientific (CORZ) mNAV — frequently asked

What is Core Scientific (CORZ)'s mNAV?: Core Scientific's mNAV is currently 96.78×. mNAV divides CORZ's market capitalisation by the value of the Bitcoin it holds, so 96.78× means the market values the company at 96.78× the worth of its Bitcoin treasury (64.8M USD).
Is Core Scientific (CORZ) overvalued versus its Bitcoin?: At 96.78×, Core Scientific (CORZ) trades at a 9578% 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 21.94×–268.28×.
How much Bitcoin does Core Scientific (CORZ) hold?: Core Scientific holds 848 BTC, worth 64.8M USD at current prices. Its most recent purchase was 301 BTC on Jun 30, 2026.

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Full Core Scientific dashboard →Live treasury terminal Bitcoin treasuries by mNAV What is mNAV?CORZ investor relations ↗