Twenty One Capital
CEPMarket valuation vs the Bitcoin it holds
1.37×
Premium
a 37% premium to Bitcoin NAV
Twenty One Capital trades at 1.37× its Bitcoin NAV — you pay $1.37 for every $1 of Bitcoin it holds, a 2.78B USD pile.
Live · last updated
BTC held
43.5K BTC
Bitcoin treasury
Bitcoin NAV
2.78B USD
at today's BTC price
Market cap
3.60B USD
Fully diluted
Share price
5.52 USD
USD
Last BTC buy
6280 BTC
Jul 30, 2025
mNAV over time
Full history · dilutedToday's 1.37× sits in a 52-week range of 0.70× to 2.99×.
mNAV · 52-week range
0.70×–2.99×
0.70×now 1.37×2.99×
About Twenty One Capital
Twenty One Capital (CEP) owns 43.5K BTC. At today's price that Bitcoin is worth 2.78B USD. The market caps the whole company at 3.60B USD — 1.37× its Bitcoin. Put plainly: you pay $1.37 for every $1 of Bitcoin it holds, a 37% premium for everything that isn't the Bitcoin. It bought in at an average of 107.2K USD per coin.
Twenty One Capital (CEP) mNAV — frequently asked
- What is Twenty One Capital (CEP)'s mNAV?
- Twenty One Capital's mNAV is currently 1.37×. mNAV divides CEP's market capitalisation by the value of the Bitcoin it holds, so 1.37× means the market values the company at 1.37× the worth of its Bitcoin treasury (2.78B USD).
- Is Twenty One Capital (CEP) overvalued versus its Bitcoin?
- At 1.37×, Twenty One Capital (CEP) trades at a 37% 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 0.70×–2.99×.
- How much Bitcoin does Twenty One Capital (CEP) hold?
- Twenty One Capital holds 43.5K BTC, worth 2.78B USD at current prices. Its most recent purchase was 6280 BTC on Jul 30, 2025.
Related datapoints
Companies with a similar mNAV