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Fold

FLD

Market valuation vs the Bitcoin it holds

3.19×
Premium
a 219% premium to Bitcoin NAV

Fold trades at 3.19× its Bitcoin NAV — you pay $3.19 for every $1 of Bitcoin it holds, a 12.2M USD pile.

Live · last updated

BTC held
192 BTC
Bitcoin treasury
Bitcoin NAV
12.2M USD
at today's BTC price
Market cap
28.4M USD
Fully diluted
Share price
0.57 USD
USD
Last BTC buy
34 BTC
Nov 10, 2025

mNAV over time

Full history · diluted

Today's 3.19× sits in a 52-week range of 0.60× to 2.74×.

mNAV · 52-week range
0.60×–2.74×
0.60×now 3.19×2.74×

About Fold

Fold (FLD) owns 192 BTC. At today's price that Bitcoin is worth 12.2M USD. The market caps the whole company at 28.4M USD 3.19× its Bitcoin. Put plainly: you pay $3.19 for every $1 of Bitcoin it holds, a 219% premium for everything that isn't the Bitcoin. It bought in at an average of 66.8K USD per coin.

Fold (FLD) mNAV — frequently asked

What is Fold (FLD)'s mNAV?
Fold's mNAV is currently 3.19×. mNAV divides FLD's market capitalisation by the value of the Bitcoin it holds, so 3.19× means the market values the company at 3.19× the worth of its Bitcoin treasury (12.2M USD).
Is Fold (FLD) overvalued versus its Bitcoin?
At 3.19×, Fold (FLD) trades at a 219% 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 0.60×–2.74×.
How much Bitcoin does Fold (FLD) hold?
Fold holds 192 BTC, worth 12.2M USD at current prices. Its most recent purchase was 34 BTC on Nov 10, 2025.

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