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Riot

RIOT

Market valuation vs the Bitcoin it holds

7.54×
Premium
a 654% premium to Bitcoin NAV

Riot trades at 7.54× its Bitcoin NAV — you pay $7.54 for every $1 of Bitcoin it holds, a 1.02B USD pile.

Live · last updated

BTC held
15,680 BTC
Bitcoin treasury
Bitcoin NAV
1.02B USD
at today's BTC price
Market cap
7.74B USD
Fully diluted
Share price
20.2 USD
USD
Last BTC buy
1450 BTC
Apr 3, 2026

mNAV over time

Full history · diluted

Today's 7.54× sits in a 52-week range of 1.63× to 11.51×.

mNAV · 52-week range
1.63×–11.51×
1.63×now 7.54×11.51×

About Riot

Riot (RIOT) owns 15,680 BTC. At today's price that Bitcoin is worth 1.02B USD. The market caps the whole company at 7.74B USD 7.54× its Bitcoin. Put plainly: you pay $7.54 for every $1 of Bitcoin it holds, a 654% premium for everything that isn't the Bitcoin. It bought in at an average of 63.3K USD per coin.

Riot (RIOT) mNAV — frequently asked

What is Riot (RIOT)'s mNAV?
Riot's mNAV is currently 7.54×. mNAV divides RIOT's market capitalisation by the value of the Bitcoin it holds, so 7.54× means the market values the company at 7.54× the worth of its Bitcoin treasury (1.02B USD).
Is Riot (RIOT) overvalued versus its Bitcoin?
At 7.54×, Riot (RIOT) trades at a 654% 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 1.63×–11.51×.
How much Bitcoin does Riot (RIOT) hold?
Riot holds 15,680 BTC, worth 1.02B USD at current prices. Its most recent purchase was 1450 BTC on Apr 3, 2026.

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