Back to Treasuries

Frmo Corp

#94 in public FRMO public

FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States. The company offers in-depth analysis of information-poor, and under-researched companies and strategies to identify complex or overlooked situations.

Bitcoin Holdings

Total Bitcoin ₿ 159.1 BTC
% of 21M Supply 0.001%
Current Value $10,092,388
Cost Basis $2,701,851
ROI 273.54%
% of Company 3.3%
mNAV 26.24x
BTC/Share ₿ 0.00000361 BTC
Market Cap $310,360,608
Enterprise Value $264,795,785
Latest Purchase Aug 31, 2025
Avg. cost / BTC $16,982

Frmo Corp Stock Priced in BTC

0.000116 BTC

Frmo Corp Bitcoin Holdings Over Time

₿ 159.1 BTC

Bitcoin Acquisitions History

Loading acquisitions…

Company financial detail

Loading company details…

Frequently Asked Questions

Common questions about Frmo Corp's Bitcoin holdings

How much Bitcoin does Frmo Corp hold?

Frmo Corp currently holds 159.1 BTC, which represents 0.001% of the total Bitcoin supply (21 million). This makes them the 94th largest public Bitcoin holder.

What is the current value of Frmo Corp's Bitcoin holdings?

As of today, Frmo Corp's Bitcoin holdings are worth approximately $10,092,388. This represents 3.3% of the company's total market value.

What is Frmo Corp's average cost basis for Bitcoin?

Frmo Corp's average cost basis for their Bitcoin purchases is $2,701,851 per Bitcoin. Their current return on investment (ROI) is 273.54%.

When did Frmo Corp last buy Bitcoin?

Frmo Corp's most recent Bitcoin purchase was Aug 31, 2025. View purchase details

What type of company is Frmo Corp?

Frmo Corp is a public company in the Financial Services sector and Asset Management industry with approximately 0 employees .

What is Frmo Corp's market capitalization?

Frmo Corp has a market capitalization of approximately $310,360,608 and annual revenue of $262,156,752 .

What is Frmo Corp's mNAV?

Frmo Corp's mNAV (Market-to-Net Asset Value) is 26.24x, comparing the company's market value to its Bitcoin holdings value. An mNAV of 1.0 means market value equals Bitcoin stash, while >1.0 indicates a premium for the company's Bitcoin strategy.

What is Frmo Corp's market cap and enterprise value?

Frmo Corp has a market capitalization of $310,360,608 and an enterprise value of $264,795,785. Enterprise value represents the total company value including debt and cash, providing a more complete valuation picture than market cap alone.

Other public Companies

Similar companies with Bitcoin treasury holdings

Strategy, Inc

MSTR

Holdings 842,137 BTC
Value $53,420,320,571
ROI -13.57%

Twenty One Capital, Inc.

XXI

Holdings 43,514 BTC
Value $2,760,277,519
ROI -40.81%

Metaplanet Inc.

MTPLF

Holdings 43,000 BTC
Value $2,727,672,320
ROI -37.04%

Marathon Digital Holdings Inc

MARA

Holdings 35,303 BTC
Value $2,239,418,975
ROI -17.26%

Cantor Equity Partners I, Inc.

CEPO

Holdings 30,021 BTC
Value $1,904,359,319
ROI -47.15%
Chat

Loading…

Opening chat…