Smarter Web
SWC.AQMarket valuation vs the Bitcoin it holds
0.90×
Discount
a 10% discount to Bitcoin NAV
Smarter Web trades at 0.90× its Bitcoin NAV — you pay 90¢ for every $1 of Bitcoin it holds, a 184.0M USD pile.
Live · last updated
BTC held
2880 BTC
Bitcoin treasury
Bitcoin NAV
184.0M USD
at today's BTC price
Market cap
125.0M USD
Fully diluted
Share price
29 GBX
GBX
Last BTC buy
9 BTC
May 29, 2026
mNAV over time
Full history · dilutedToday's 0.90× sits in a 52-week range of 0.58× to 47.63×.
mNAV · 52-week range
0.58×–47.63×
0.58×now 0.90×47.63×
About Smarter Web
Smarter Web (SWC.AQ) owns 2880 BTC. At today's price that Bitcoin is worth 184.0M USD. The market caps the whole company at 125.0M USD — 0.90× its Bitcoin. Put plainly: you pay 90¢ for every $1 of Bitcoin it holds, a 10% discount to simply owning the coins. It bought in at an average of 108.0K USD per coin.
Smarter Web (SWC.AQ) mNAV — frequently asked
- What is Smarter Web (SWC.AQ)'s mNAV?
- Smarter Web's mNAV is currently 0.90×. mNAV divides SWC.AQ's market capitalisation by the value of the Bitcoin it holds, so 0.90× means the market values the company at 0.90× the worth of its Bitcoin treasury (184.0M USD).
- Is Smarter Web (SWC.AQ) overvalued versus its Bitcoin?
- At 0.90×, Smarter Web (SWC.AQ) trades at a 10% 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 0.58×–47.63×.
- How much Bitcoin does Smarter Web (SWC.AQ) hold?
- Smarter Web holds 2880 BTC, worth 184.0M USD at current prices. Its most recent purchase was 9 BTC on May 29, 2026.
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