BTC Holdings
5,833 BTC
Insufficient history
Stock Price
$1.57
180d
Total financing
0.00 USD
Insufficient history
mNAV
0.29x
180d
BTC Credit
0 bps>10x
Sats/Share
7,648
180d
Mkt cap
119.74M USD
Shares
76.26M
Fiat reserve
5.62M USD
Total reserve
418.27M USD
Leverage
0.0%
Dilution
0.0%
Analytics
Financials
US-GAAPAnnualAs of 2025-12-31
Balance Sheet
Total Assets$524.1M▲971.2%
Total Liabilities$68.6M▲1523.3%
Stockholders' Equity$455.6M▲919.0%
Cash & Equivalents$5.6M▲741.4%
Total Debt—
Digital Assets$516.2M▲1369.0%
Income Statement
Revenue$11.6M
Operating Income$-80.2M▼6382.8%
Net Income$143.2M
Interest Expense—
Cash Flow
Operating Cash Flow$-3.1M▼115.2%
Instruments
Disclaimer
BTC was acquired via related-party share-for-BTC transactions. Balance sheet digital assets do not reconcile with reported BTC holdings. The company has changed auditors and filed multiple amended filings.
Recent Changes
Thu, Mar 26, 2026
Shares Outstanding
4.9M→76.3M+71.4M(+1462.0%)
71,381,818 common shares issued in $157M registered direct offering. Additional 71,381,818 pre-funded warrants outstanding ($0.001 exercise price)
Form 8-K (closing of $157M offering)Wed, Dec 31, 2025
Shares Outstanding
2.9M→4.9M+2.0M(+70.4%)
Form 10-K (2025)
Fiat Reserve
12.4M→5.6M-6.7M(-54.5%)USD
Form 10-K (2025)