BTC nav (MSTR)
Strategy’s Bitcoin holdings valued at current market price, excluding liabilities.
What is BTC nav (MSTR)?
BTC NAV is the total Bitcoin held multiplied by current price, a supplemental metric not equivalent to traditional NAV, ignoring debt and preferred liquidation values. As of October 2025, Strategy’s BTC NAV is $77,865 million for 640,031 BTC at $122,764 per BTC.
It aids in premium calculations but investors should reference SEC filings for full context.
Related Terms
Depth Chart
A visual graph depicting the cumulative buy and sell orders across price ranges in an order book.
Circle
The company behind USDC, focused on building transparent and compliant digital asset solutions.
Hashrate of Bitcoin
The total computational power used by the Bitcoin network to secure transactions and validate blocks, measured in hashes per second (H/s).
Consensys and Joseph Lubin
Consensys is a blockchain software studio founded by Ethereum co-founder Joseph Lubin, building enterprise tools and advocating for decentralized tech.
Convertible Preferred Stock
Preferred stock convertible into common shares, blending dividend income with equity conversion potential.
BitLicense (New York)
New York Department of Financial Services' licensing requirement for virtual currency businesses, including stablecoin issuers, with enhanced blockchain analytics in 2025.