USBC
USBCMarket valuation vs the Bitcoin it holds
2.55×
Premium
a 155% premium to Bitcoin NAV
USBC trades at 2.55× its Bitcoin NAV — you pay $2.55 for every $1 of Bitcoin it holds, a 63.9M USD pile.
Live · last updated
BTC held
1000 BTC
Bitcoin treasury
Bitcoin NAV
63.9M USD
at today's BTC price
Market cap
163.0M USD
Fully diluted
Share price
0.42 USD
USD
Last BTC buy
1000 BTC
Aug 7, 2025
mNAV over time
Full history · dilutedToday's 2.55× sits in a 52-week range of 1.65× to 7.89×.
mNAV · 52-week range
1.65×–7.89×
1.65×now 2.55×7.89×
About USBC
USBC (USBC) owns 1000 BTC. At today's price that Bitcoin is worth 63.9M USD. The market caps the whole company at 163.0M USD — 2.55× its Bitcoin. Put plainly: you pay $2.55 for every $1 of Bitcoin it holds, a 155% premium for everything that isn't the Bitcoin. It bought in at an average of 115.0K USD per coin.
USBC (USBC) mNAV — frequently asked
- What is USBC (USBC)'s mNAV?
- USBC's mNAV is currently 2.55×. mNAV divides USBC's market capitalisation by the value of the Bitcoin it holds, so 2.55× means the market values the company at 2.55× the worth of its Bitcoin treasury (63.9M USD).
- Is USBC (USBC) overvalued versus its Bitcoin?
- At 2.55×, USBC (USBC) trades at a 155% 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 1.65×–7.89×.
- How much Bitcoin does USBC (USBC) hold?
- USBC holds 1000 BTC, worth 63.9M USD at current prices. Its most recent purchase was 1000 BTC on Aug 7, 2025.
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