The London BTC Co
BTC.LMarket valuation vs the Bitcoin it holds
117.10×
live
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a 11610% premium to Bitcoin NAV
The London BTC Co trades at 117.10× its Bitcoin NAV — you pay $117.10 for every $1 of Bitcoin it holds, a 6.16M USD pile.
Live · last updated
BTC held
80.26 BTC
Bitcoin treasury
Bitcoin NAV
6.16M USD
at today's BTC price
Market cap
721.6M USD
Fully diluted
Share price
1.55 GBX
GBX
Last BTC buy
0.063 BTC
Nov 12, 2025
mNAV over time
Last 12 months · diluted
Today's 117.10× sits in a 52-week range of 1.04× to 2.37×.
mNAV · 52-week range
1.04×–2.37×
1.04×now 117.10×2.37×
About The London BTC Co
The London BTC Co (BTC.L) owns 80.26 BTC. At today's price that Bitcoin is worth 6.16M USD. The market caps the whole company at 721.6M USD — 117.10× its Bitcoin. Put plainly: you pay $117.10 for every $1 of Bitcoin it holds, a 11610% premium for everything that isn't the Bitcoin. It bought in at an average of 139.8K USD per coin.
Company facts
- Incorporated
- British Virgin Islands (registered number 2073995)source
- Business
- Bitcoin treasury and bitcoin mining (plus gold exploration hedge)source
- Fiscal year end
- February 28source
- Auditor
- PKF Littlejohn LLP (London, United Kingdom)source
- Website
- ldnbtc.com ↗source
Each fact links to the filing or official page it was taken from.
The London BTC Co (BTC.L) mNAV — frequently asked
- What is The London BTC Co (BTC.L)'s mNAV?
- The London BTC Co's mNAV is currently 117.10×. mNAV divides BTC.L's market capitalisation by the value of the Bitcoin it holds, so 117.10× means the market values the company at 117.10× the worth of its Bitcoin treasury (6.16M USD).
- Is The London BTC Co (BTC.L) overvalued versus its Bitcoin?
- At 117.10×, The London BTC Co (BTC.L) trades at a 11610% 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 1.04×–2.37×.
- How much Bitcoin does The London BTC Co (BTC.L) hold?
- The London BTC Co holds 80.26 BTC, worth 6.16M USD at current prices. Its most recent purchase was 0.063 BTC on Nov 12, 2025.
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