Ace Digital AS
ACED🇳🇴Reserve
Ace Digital AS is a Nordic holding company dedicated to creating value in the Bitcoin ecosystem through strategic investments and active management of subsidiaries. Listed on Euronext Growth Oslo in September 2025, the company accumulates BTC as a treasury asset and operates a Bitcoin-focused hedge fund (Ace Fund).
BTC Holdings
11.346 BTC
Insufficient history
Stock PriceUpdated 1d ago
0.57 NOK▲ 0.00%
180d
Total financing
0.00 NOK
Insufficient history
mNAV
9.85x▲ 0.12%
180d
Sats/Share
9
180d
Mkt capFD
75.93M NOK
SharesFD
132.06M
Fiat reserve
27.62M NOK
Total reserve
35.34M NOK
Leverage
0.0%
Dilution
4.9%
Analytics
FinancialsUnverified
NGAAPAnnualAs of 2025-12-31
Balance Sheet
Total Assets51.6M NOK▲346.4%
Total Liabilities793.6K NOK▼93.1%
Stockholders' Equity50.8M NOK▲655294.3%
Cash & Equivalents27.6M NOK▲419.6%
Total Debt0 NOK▼100.0%
Digital Assets11.6M NOK▲92.7%
Income Statement
Revenue63.8M NOK▲35.5%
Operating Income-31.4M NOK▼1187.4%
Net Income-23.8M NOK▼89009.3%
Interest Expense1.2M NOK▼58.4%
Cash Flow
Operating Cash Flow-35.7M NOK▼469.0%
Instruments
| Instrument | Type | Exercise price | Warrant shares | Expiry | Outstanding |
|---|---|---|---|---|---|
| AAM Warrants | Other | 0.7000 NOK | 6.2M | 2030-05-19 | 6.2M |
| Total unexercised | 6.2M | ||||
Recent Changes
Wed, Dec 31, 2025
BTC Holdings
59.3→11.346-47.954 BTC(-80.9%)
Direct holdings only; additional 1.8555 BTC notional via Bitcoin options excluded. Audited.
Annual Report 2025Fiat Reserve
27.6MNOK
Annual Report 2025