Bitcoin Well, Inc
Bitcoin Well Inc. provides bitcoin and other cryptocurrency services in Canada.
Treasury & valuation
Capital, accumulation and performance in Bitcoin terms
Share price
Split-adjusted; disclosures pinned to the line
Market cap vs Bitcoin NAV
Equity market capitalization and Bitcoin holdings
Bitcoin holdings
Reported Bitcoin treasury balance
BTC per share
Split-adjusted reported quarter-end shares
Bitcoin ownership
Share of the fixed 21 million BTC supply
Bitcoin value per share
Bitcoin NAV per split-adjusted share
Equity mNAV
Market capitalization ÷ Bitcoin NAV
Share performance vs Bitcoin
Window start = 1×; above 1× beats Bitcoin
Bitcoin yield
Quarterly growth in split-adjusted BTC per share
Share returns
Price returnFixed windows · split-adjusted share prices · excludes dividends
Frequently Asked Questions
Understanding Bitcoin Well, Inc's Bitcoin treasury
How much Bitcoin does Bitcoin Well, Inc hold?
Bitcoin Well, Inc holds 68.986 BTC, or 0.000% of the fixed 21 million BTC supply. It ranks 105th among public Bitcoin holders tracked by Newhedge.
What is the value of its Bitcoin treasury?
The latest estimated value is $4,924,695. This equals 54.8% of the company's market value. The valuation moves with Bitcoin's price; it does not represent cash available to spend.
What is its total Bitcoin cost basis?
The reported total cost basis is $7,727,900. The current unrealized return is -36.27%. Cost basis is the total acquisition cost, rather than the price paid for one Bitcoin.
When did it last buy Bitcoin?
The latest recorded disclosure reports Oct 17, 2025. View disclosure ↗
What is the company's market capitalization?
The latest market capitalization is approximately $8,993,665. Reported annual revenue is $122,423,704. Market capitalization measures the equity value of the company.
How do equity mNAV and enterprise mNAV differ?
Equity mNAV divides market capitalization by the market value of Bitcoin held. Enterprise mNAV also accounts for debt and cash through enterprise value. The latest enterprise mNAV is 0.47×. A multiple above 1× is a premium to Bitcoin NAV; below 1× is a discount. The two measures can differ substantially.
What do BTC per share and Bitcoin yield measure?
BTC per share divides reported Bitcoin holdings by split-adjusted shares outstanding. Quarterly Bitcoin yield measures the change in BTC per share between consecutive completed quarters. Share issuance can reduce BTC per share even while total holdings rise. Bitcoin yield is a treasury-growth measure, rather than an investment return or cash distribution.
How are the charts and financial statements converted?
BTC is the default display, with USD and sats available. USD-denominated values are converted using the Bitcoin close on the observation or reporting date; one BTC equals 100 million sats. Share counts, percentages and valuation multiples retain their original units. Missing prices, statements or share counts remain unavailable, and gaps are preserved.