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Core Scientific

CORZ

Market valuation vs the Bitcoin it holds

363.72×
Premium
a 36272% premium to Bitcoin NAV

Core Scientific trades at 363.72× its Bitcoin NAV — you pay $363.72 for every $1 of Bitcoin it holds, a 40.2M USD pile.

Live · last updated

BTC held
630 BTC
Bitcoin treasury
Bitcoin NAV
40.2M USD
at today's BTC price
Market cap
9.20B USD
Fully diluted
Share price
29.2 USD
USD
Last BTC buy
504 BTC
Sep 30, 2025

mNAV over time

Full history · diluted

Today's 363.72× sits in a 52-week range of 20.14× to 231.63×.

mNAV · 52-week range
20.14×–231.63×
20.14×now 363.72×231.63×

About Core Scientific

Core Scientific (CORZ) owns 630 BTC. At today's price that Bitcoin is worth 40.2M USD. The market caps the whole company at 9.20B USD 363.72× its Bitcoin. Put plainly: you pay $363.72 for every $1 of Bitcoin it holds, a 36272% premium for everything that isn't the Bitcoin. It bought in at an average of 112.7K USD per coin.

Core Scientific (CORZ) mNAV — frequently asked

What is Core Scientific (CORZ)'s mNAV?
Core Scientific's mNAV is currently 363.72×. mNAV divides CORZ's market capitalisation by the value of the Bitcoin it holds, so 363.72× means the market values the company at 363.72× the worth of its Bitcoin treasury (40.2M USD).
Is Core Scientific (CORZ) overvalued versus its Bitcoin?
At 363.72×, Core Scientific (CORZ) trades at a 36272% 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 20.14×–231.63×.
How much Bitcoin does Core Scientific (CORZ) hold?
Core Scientific holds 630 BTC, worth 40.2M USD at current prices. Its most recent purchase was 504 BTC on Sep 30, 2025.

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