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USBC

USBC

Market valuation vs the Bitcoin it holds

2.10×
live
Premium
a 110% premium to Bitcoin NAV

USBC trades at 2.10× its Bitcoin NAV — you pay $2.10 for every $1 of Bitcoin it holds, a 77.0M USD pile.

Live · last updated

BTC held
1,000 BTC
Bitcoin treasury
Bitcoin NAV
77.0M USD
at today's BTC price
Market cap
161.8M USD
Fully diluted
Share price
0.417 USD
USD
Last BTC buy
1000 BTC
Aug 7, 2025

mNAV over time

Last 12 months · diluted

Today's 2.10× sits in a 52-week range of 1.65× to 3.73×.

mNAV · 52-week range
1.65×–3.73×
1.65×now 2.10×3.73×

About USBC

USBC (USBC) owns 1,000 BTC. At today's price that Bitcoin is worth 77.0M USD. The market caps the whole company at 161.8M USD — 2.10× its Bitcoin. Put plainly: you pay $2.10 for every $1 of Bitcoin it holds, a 110% premium for everything that isn't the Bitcoin. It bought in at an average of 115.0K USD per coin.

Company facts

Country
USAsource
Headquarters
Reno, Nevadasource
Incorporated
Nevadasource
Business
Digital financial technology (bitcoin treasury strategy)source
Fiscal year end
December 31source
Auditor
BPM LLP (Santa Rosa, California)source
Investor relations
IR site ↗source

Each fact links to the filing or official page it was taken from.

USBC (USBC) mNAV — frequently asked

What is USBC (USBC)'s mNAV?
USBC's mNAV is currently 2.10×. mNAV divides USBC's market capitalisation by the value of the Bitcoin it holds, so 2.10× means the market values the company at 2.10× the worth of its Bitcoin treasury (77.0M USD).
Is USBC (USBC) overvalued versus its Bitcoin?
At 2.10×, USBC (USBC) trades at a 110% 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×–3.73×.
How much Bitcoin does USBC (USBC) hold?
USBC holds 1,000 BTC, worth 77.0M USD at current prices. Its most recent purchase was 1000 BTC on Aug 7, 2025.

Related datapoints