Methodology.Holdings are taken from each company’s own filing or disclosure (or a curated tracker where noted) with an as-of date and source link. mNAVis market cap divided by the market value of the company’s bitcoin; below 1.0 the stock trades at a discount to its BTC, above 1.0 at a premium. An enterprise-value mNAV (adding debt, subtracting cash) appears in each card’s detail once debt/cash are populated. Bitcoin per share is holdings divided by shares outstanding. Prices are live; holdings change only when a company discloses.

Several of these are volatile and highly speculative. A NAV discount is not a guarantee of anything; these stocks can and do trade below the value of the bitcoin they hold for long stretches.