BTC Holdings
903 BTC
180d
Stock PriceUpdated 11h ago
$0.97▼ 3.05%
180d
Total financing
33.00M USD
180d
mNAV
0.96x▼ 2.93%
180d
Leverage
32.4%
180d
BTC Risk
0.02%3.1x
Sats/Share
1,371
180d
Mkt capFD
63.64M USD
SharesFD
65.88M
Fiat reserve
11.53M USD
Total reserve
77.86M USD
Dilution
29.7%
Coverage
22.1 yr
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
US-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$78.3M▼59.0%
Total Liabilities$42M▼56.4%
Stockholders' Equity$36.4M▼61.6%
Cash & Equivalents$11.5M▲73.0%
Total Debt$32.2M▲48.5%
Digital Assets$61.6M▼65.7%
Income Statement
Revenue$5.6M
Operating Income$-7.8M
Net Income$-29.2M▼5362.7%
Interest Expense$2.3M▲92.8%
Cash Flow
Operating Cash Flow$-6.6M▲42.3%
Instruments
Total
0.00 USD
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| Total | 0.00 USD | |||||
Recent Changes
Sun, May 10, 2026
Shares Outstanding
50.7M→50.8M+95.4K(+0.2%)
Form 10-Q (Q1 2026)
Mon, May 4, 2026
Shares Outstanding
50.4M→50.7M+334.7K(+0.7%)
Form S-3 (resale registration — SATS Credit Fund commitment shares)
Tue, Mar 31, 2026
BTC Holdings
827→903+76 BTC(+9.2%)
826 investment treasury + 77 rewards treasury; 430 BTC restricted as Credit Facility collateral
Form 10-Q (Q1 2026)Shares Outstanding
50.2M→50.4M+134.8K(+0.3%)
Form 10-Q (Q1 2026)
Debt OutstandingDrawFLD-TP26
10.0M→20.0M+10.0M(+100.0%)
Form 10-Q (Q1 2026)
Fiat Reserve
7.7M→11.5M+3.9M(+50.6%)USD
Form 10-Q (Q1 2026)
Tue, Mar 24, 2026
Shares Outstanding
49.8M→50.2M+387.2K(+0.8%)
Form DEF 14A (2026 Annual Meeting Proxy)
Tue, Mar 17, 2026
BTC Holdings
1.0K→827-178 BTC(-17.7%)
Q4 & FY2025 Results (827 BTC as of Mar 17)
Thu, Mar 12, 2026
Shares Outstanding
48.4M→49.8M+1.4M(+2.9%)
Form 10-K (2025)
Sat, Feb 28, 2026
BTC Holdings
1.5K→1.0K-522 BTC(-34.2%)
Released 521 BTC collateral after convertible debt elimination
Convertible Debt Elimination & Capital RestructuringThu, Feb 26, 2026
Debt OutstandingFLD-Mar30
46.3M→0-46.3M(-100.0%)
Note terminated; 500 BTC collateral returned
Convertible Debt Elimination & Capital RestructuringDebt OutstandingFLD-Inv
20.0M→0-20.0M(-100.0%)
Eliminated for ~$27.5M (principal + MOIC)
Convertible Debt Elimination & Capital RestructuringDebt OutstandingIssuanceFLD-SATS27
13.0M
Form 8-K (Convertible Debt Elimination & $13M Note)
Wed, Dec 31, 2025
BTC Holdings
1.5K→1.5K+1 BTC(+0.1%)
Form 10-K (2025)
Shares Outstanding
48.3M→48.4M+111.6K(+0.2%)
Form 10-K (2025)