BTC Holdings
2,695 BTC
180d
Stock Price
0.35 GBP
180d
Total financing
10.05M GBP
180d
mNAV
0.88x
180d
Leverage
6.0%
180d
BTC Credit
0 bps>10x
Sats/Share
756
180d
Mkt capFD
125.14M GBP
SharesFD
356.52M
Fiat reserve
1.50M GBP
Total reserve
144.06M GBP
Dilution
1.3%
Analytics
BTC Coverage
Financials
IFRSAnnualAs of 2025-10-31
Balance Sheet
Total Assets£223M▲200022.4%
Total Liabilities£12.7M▲1125.9%
Stockholders' Equity£210.4M▲22933.0%
Cash & Equivalents£1.5M▲1275.8%
Total Debt£11M▲989.9%
Digital Assets£220M
Income Statement
Revenue£70K
Operating Income£-1.8M▼252.3%
Net Income£1.6M▲421.9%
Interest Expense£354.7K
Cash Flow
Operating Cash Flow£-1.6M▼188.2%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| SWC-Aug26 | Aug '25 – Aug '26 | 0% | 178.00 BTC | 178.00 BTC | 2.05 GBP | >10x |
| Total | 9.42M GBP | |||||
Recent Changes
Mon, Mar 23, 2026
Shares Outstanding
300.2M→351.9M+51.7M(+17.2%)
Head Of Capital Markets Appointment & TVR Update
Mon, Mar 16, 2026
Debt OutstandingDrawSWC-CF01
30.0M→858.0K-29.1M(-97.1%)
£650,000 drawn for warrant buyback at GBP/USD 1.32; prior snapshot recorded $30M facility ceiling, not drawn amount
Warrant Purchase Offer Results (3M warrants cancelled)Tue, Mar 10, 2026
BTC Holdings
2.7K→2.7K+3 BTC(+0.1%)
Bitcoin Purchase — 2,695 BTC total
Mon, Mar 2, 2026
BTC Holdings
2.7K→2.7K+3 BTC(+0.1%)
Bitcoin Purchase — 2,692 BTC total
Tue, Feb 24, 2026
Debt OutstandingIssuanceSWC-CF01
30.0M
Facility size $30M; drawn amount not disclosed
Strategic Credit Facility Established w/ CoinbaseWed, Feb 11, 2026
BTC Holdings
2.7K→2.7K+15 BTC(+0.6%)
Smarter Web BTC Treasury Tracker
Thu, Jan 22, 2026
BTC Holdings
2.7K→2.7K+10 BTC(+0.4%)
Smarter Web BTC Treasury Tracker
Fri, Nov 21, 2025
Debt OutstandingSWC-Aug26
178
CEO confirms 178 BTC bond denomination
Tue, Nov 4, 2025
BTC Holdings
2.7K→2.7K+4 BTC(+0.2%)
Smarter Web BTC Treasury Tracker
Fri, Oct 31, 2025
Shares Outstanding
146.9M→300.2M+153.3M(+104.4%)
FY25 Annual Results (year ended Oct 31, 2025)
Fiat Reserve
1.3M→1.5M+162.9K(+12.2%)GBP
FY25 Annual Results (year ended Oct 31, 2025)
Tue, Oct 21, 2025
BTC Holdings
2.6K→2.7K+10 BTC(+0.4%)
Smarter Web BTC Treasury Tracker