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Empery Digital (Volcon)

EMPD

Market valuation vs the Bitcoin it holds

0.61×
Discount
a 39% discount to Bitcoin NAV

Empery Digital (Volcon) trades at 0.61× its Bitcoin NAV — you pay 61¢ for every $1 of Bitcoin it holds, a 186.4M USD pile.

Live · last updated

BTC held
2910 BTC
Bitcoin treasury
Bitcoin NAV
186.4M USD
at today's BTC price
Market cap
104.0M USD
Fully diluted
Share price
3.76 USD
USD
Last BTC buy
16.5 BTC
Sep 10, 2025

mNAV over time

Full history · diluted

Today's 0.61× sits in a 52-week range of 0.51× to 1.90×.

mNAV · 52-week range
0.51×–1.90×
0.51×now 0.61×1.90×

About Empery Digital (Volcon)

Empery Digital (Volcon) (EMPD) owns 2910 BTC. At today's price that Bitcoin is worth 186.4M USD. The market caps the whole company at 104.0M USD 0.61× its Bitcoin. Put plainly: you pay 61¢ for every $1 of Bitcoin it holds, a 39% discount to simply owning the coins. It bought in at an average of 154.1K USD per coin.

Empery Digital (Volcon) (EMPD) mNAV — frequently asked

What is Empery Digital (Volcon) (EMPD)'s mNAV?
Empery Digital (Volcon)'s mNAV is currently 0.61×. mNAV divides EMPD's market capitalisation by the value of the Bitcoin it holds, so 0.61× means the market values the company at 0.61× the worth of its Bitcoin treasury (186.4M USD).
Is Empery Digital (Volcon) (EMPD) overvalued versus its Bitcoin?
At 0.61×, Empery Digital (Volcon) (EMPD) trades at a 39% 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 0.51×–1.90×.
How much Bitcoin does Empery Digital (Volcon) (EMPD) hold?
Empery Digital (Volcon) holds 2910 BTC, worth 186.4M USD at current prices. Its most recent purchase was 16.5 BTC on Sep 10, 2025.

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