Cryp2Nova

Solana Treasuries Solana Treasury Companies Premium Discount to NAV

Solana

Each Solana treasury company's premium or discount to NAV — the gap between its market capitalization and the market value of the SOL it holds.

Why it matters

It measures the speculative appetite for Solana 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 SOL 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

Solana Treasuries Solana Treasury Companies Premium Discount to NAV — Solana · Cryp2Nova