Bitcoin Treasury Companies BTC Holdings Tracker

You can explore historical Bitcoin Treasury data by scrolling through monthly records or selecting specific companies to view acquisitions and disposals of BTC. Key metrics are also visualized through interactive charts to help you analyze trends over time.

Value refers to the USD equivalent of a company's Bitcoin Treasury. By default, this figure is calculated using the current Bitcoin market price for the most recent holdings data. When viewing historical data, the value is calculated based on the Bitcoin market price on the date the holdings were reported. This approach ensures the valuation reflects the price at the time of each disclosure, providing an accurate snapshot of the company's Bitcoin worth for both current and past reports.

Satoshis per Share is a metric that shows how much Bitcoin exposure an investor gains per share of a publicly traded company's stock, measured in Satoshis (the smallest unit of Bitcoin). It's calculated by converting the company's total Bitcoin holdings into Satoshis (1 Bitcoin = 100,000,000 Satoshis) and dividing by the number of outstanding shares. For example, if a company holds 5,000 BTC and has 50 million shares outstanding, it would have 10,000 Satoshis per share.

mNAV, or Bitcoin NAV Multiple, is a metric that shows how highly a company's Bitcoin treasury is valued by the market. It's calculated by dividing the company's market capitalization by the USD value of its Bitcoin holdings. By default, the USD value is calculated using the current Bitcoin market price for the most recent holdings data. When viewing historical data, the USD value is based on the Bitcoin market price on the date the holdings were reported. For example, if a company has a market cap of $500 million and holds $100 million worth of Bitcoin, its mNAV would be 5. This means the market is valuing the company at 5 times the value of its Bitcoin holdings, potentially reflecting premiums for other assets, operations, or investor sentiment.

%Mcap is the percentage of a company's market capitalization that is represented by the USD value of its Bitcoin Treasury. It is calculated by dividing the value of the company's Bitcoin holdings (in USD) by its total market cap, then multiplying by 100 to express it as a percentage. This metric gives investors a sense of how significant Bitcoin is to the company's overall valuation.

Yes. Many publicly traded Bitcoin miners hold BTC on their balance sheets. Explore Bitcoin mining hash rate data and monthly BTC production data for the mining companies that also appear in this tracker.

Bitcoin treasury holdings refer to the BTC held by publicly traded companies on their corporate balance sheets as a treasury reserve asset. Companies adopt a Bitcoin treasury strategy for various reasons, including diversifying corporate reserves and gaining exposure to Bitcoin's long-term appreciation potential.

The top Bitcoin treasury companies by BTC holdings are: 1) Strategy Inc (MSTR) with 849,327 BTC, 2) Metaplanet Inc. (3350.T) with 44,000 BTC, 3) Twenty One Capital Inc (XXI) with 43,500 BTC, 4) Strive, Inc. (ASST) with 43,124 BTC, 5) Marathon Digital Holdings, Inc. (MARA) with 35,577 BTC . Rankings are updated in real time as companies disclose new holdings data. Use our tracker to compare companies by BTC holdings, mNAV, sats per share, and other key metrics.

As of today, Ziven tracks 174 publicly traded companies that hold Bitcoin as a treasury asset, with real-time data on their BTC holdings, mNAV (multiple on net asset value), sats per share, and other proprietary metrics that most other trackers don't offer.