Bitcoin Treasuries Public Companies Holding BTC Premium Discount to NAV
Bitcoin
Each Bitcoin treasury company's premium or discount to NAV — the gap between its market capitalization and the market value of the BTC it holds.
Why it matters
It measures the speculative appetite for Bitcoin exposure wrapped in equity — not the value of the asset itself.
How it is built
For each company, market capitalization is compared to NAV (holdings times price); the deviation from parity is shown per company.
What to watch
At a premium, a company can issue shares and buy more BTC accretively — the flywheel that powers the model. At a discount the flywheel breaks: the stock becomes a cheaper claim on the coins than the coins themselves, pressuring the strategy toward dilution stops, buybacks or sales.
Related metrics
- Bitcoin Treasuries Strategy Mstr Premium Discount to NAV
- Bitcoin Treasuries Market Cap of Bitcoin Holding Public Companies
- Bitcoin Treasuries Cumulative Market Cap Bitcoin BTC Holding Public Companies
- Bitcoin Treasuries BTC Holdings in Public Companies Treasuries vs Market Cap of Public Companies Holding BTC
- Bitcoin Treasuries Cumulative Bitcoin Treasury Holdings Public Companies vs BTC Price
- Bitcoin Treasuries Cumulative Bitcoin Treasury Holdings by Public Companies
- Bitcoin Treasuries Total Liabilities of Digital Asset Treasury Companies Dats Holding BTC
- Bitcoin Treasuries BTC Spot ETF Flows vs BTC Price