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Galaxy Digital

GLXY

Market valuation vs the Bitcoin it holds

19.82×
Premium
a 1882% premium to Bitcoin NAV

Galaxy Digital trades at 19.82× its Bitcoin NAV — you pay $19.82 for every $1 of Bitcoin it holds, a 446.5M USD pile.

Live · last updated

BTC held
6,894 BTC
Bitcoin treasury
Bitcoin NAV
446.5M USD
at today's BTC price
Market cap
8.85B USD
Fully diluted
Share price
22.7 USD
USD
Last BTC buy
2890 BTC
Sep 1, 2025

mNAV over time

Full history · diluted

Today's 19.82× sits in a 52-week range of 5.28× to 15.10×.

mNAV · 52-week range
5.28×–15.10×
5.28×now 19.82×15.10×

About Galaxy Digital

Galaxy Digital (GLXY) owns 6,894 BTC. At today's price that Bitcoin is worth 446.5M USD. The market caps the whole company at 8.85B USD 19.82× its Bitcoin. Put plainly: you pay $19.82 for every $1 of Bitcoin it holds, a 1882% premium for everything that isn't the Bitcoin. It bought in at an average of 114.6K USD per coin.

Galaxy Digital (GLXY) mNAV — frequently asked

What is Galaxy Digital (GLXY)'s mNAV?
Galaxy Digital's mNAV is currently 19.82×. mNAV divides GLXY's market capitalisation by the value of the Bitcoin it holds, so 19.82× means the market values the company at 19.82× the worth of its Bitcoin treasury (446.5M USD).
Is Galaxy Digital (GLXY) overvalued versus its Bitcoin?
At 19.82×, Galaxy Digital (GLXY) trades at a 1882% 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 5.28×–15.10×.
How much Bitcoin does Galaxy Digital (GLXY) hold?
Galaxy Digital holds 6,894 BTC, worth 446.5M USD at current prices. Its most recent purchase was 2890 BTC on Sep 1, 2025.

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