C

Consensus Mining & Seigniorage Corporation

CMSG

Market valuation vs the Bitcoin it holds

3.05×
Premium
a 205% premium to Bitcoin NAV

Consensus Mining & Seigniorage Corporation trades at 3.05× its Bitcoin NAV — you pay $3.05 for every $1 of Bitcoin it holds, a 22.2M USD pile.

Live · last updated

BTC held
350 BTC
Bitcoin treasury
Bitcoin NAV
22.2M USD
at today's BTC price
Market cap
61.9M USD
Fully diluted
Share price
27.5 USD
USD
Last BTC buy
4 BTC
Mar 31, 2026

mNAV over time

Full history · diluted

Today's 3.05× sits in a 52-week range of 2.06× to 3.10×.

mNAV · 52-week range
2.06×–3.10×
2.06×now 3.05×3.10×

About Consensus Mining & Seigniorage Corporation

Consensus Mining & Seigniorage Corporation (CMSG) owns 350 BTC. At today's price that Bitcoin is worth 22.2M USD. The market caps the whole company at 61.9M USD 3.05× its Bitcoin. Put plainly: you pay $3.05 for every $1 of Bitcoin it holds, a 205% premium for everything that isn't the Bitcoin. It bought in at an average of 87.3K USD per coin.

Consensus Mining & Seigniorage Corporation (CMSG) mNAV — frequently asked

What is Consensus Mining & Seigniorage Corporation (CMSG)'s mNAV?
Consensus Mining & Seigniorage Corporation's mNAV is currently 3.05×. mNAV divides CMSG's market capitalisation by the value of the Bitcoin it holds, so 3.05× means the market values the company at 3.05× the worth of its Bitcoin treasury (22.2M USD).
Is Consensus Mining & Seigniorage Corporation (CMSG) overvalued versus its Bitcoin?
At 3.05×, Consensus Mining & Seigniorage Corporation (CMSG) trades at a 205% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 2.06×–3.10×.
How much Bitcoin does Consensus Mining & Seigniorage Corporation (CMSG) hold?
Consensus Mining & Seigniorage Corporation holds 350 BTC, worth 22.2M USD at current prices. Its most recent purchase was 4 BTC on Mar 31, 2026.

Related datapoints