Your holding

Holder calculator

See the bitcoin behind your shares, what they'd be worth at 1× mNAV, and how bitcoin price and mNAV change the picture.

Shares you hold

Stays on this device. Nothing is sent anywhere.

Average buy price (optional)

In pence, to see your profit or loss.

Your holding

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At 60.59p a share

Your bitcoin

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Bitcoin per share, after debt

Value at 1× mNAV

36.85p

Share price 36.85p if the premium went to zero

Now trading at 1.56× mNAV

What if

60.10p

Share price 60.10p (-1% from today)

BTC $83,435 at 1.55× mNAV

Bitcoin price (US$)

Live: $83,435

mNAV: 1.55×

0.5×1×2×3×4×5×

Now 1.56×. 1× means the shares are worth exactly the bitcoin (net of debt and cash).

Uses the live share and bitcoin prices and the company's latest figures: ₿2,747 held, 363,345,207 fully-diluted shares, debt £20.5m, cash £811k. "Your bitcoin" is your share of the company's bitcoin after debt, per fully-diluted share. "Value at 1× mNAV" uses the company's own definition (enterprise value ÷ NAV). Debt is in both, so it comes out a little below "Your bitcoin". Scenarios keep today's share count, debt and cash fixed. Illustration only, not investment advice.