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Trump Media

DJT

Market valuation vs the Bitcoin it holds

4.44×
Premium
a 344% premium to Bitcoin NAV

Trump Media trades at 4.44× its Bitcoin NAV — you pay $4.44 for every $1 of Bitcoin it holds, a 610.4M USD pile.

Live · last updated

BTC held
9540 BTC
Bitcoin treasury
Bitcoin NAV
610.4M USD
at today's BTC price
Market cap
2.35B USD
Fully diluted
Share price
8.49 USD
USD
Last BTC buy
11.5K BTC
Jul 21, 2025

mNAV over time

Full history · diluted

Today's 4.44× sits in a 52-week range of 2.76× to 4.63×.

mNAV · 52-week range
2.76×–4.63×
2.76×now 4.44×4.63×

About Trump Media

Trump Media (DJT) owns 9540 BTC. At today's price that Bitcoin is worth 610.4M USD. The market caps the whole company at 2.35B USD 4.44× its Bitcoin. Put plainly: you pay $4.44 for every $1 of Bitcoin it holds, a 344% premium for everything that isn't the Bitcoin. It bought in at an average of 195.9K USD per coin.

Trump Media (DJT) mNAV — frequently asked

What is Trump Media (DJT)'s mNAV?
Trump Media's mNAV is currently 4.44×. mNAV divides DJT's market capitalisation by the value of the Bitcoin it holds, so 4.44× means the market values the company at 4.44× the worth of its Bitcoin treasury (610.4M USD).
Is Trump Media (DJT) overvalued versus its Bitcoin?
At 4.44×, Trump Media (DJT) trades at a 344% 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 2.76×–4.63×.
How much Bitcoin does Trump Media (DJT) hold?
Trump Media holds 9540 BTC, worth 610.4M USD at current prices. Its most recent purchase was 11.5K BTC on Jul 21, 2025.

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