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OranjeBTC

OBTC3

Market valuation vs the Bitcoin it holds

0.77×
Discount
a 23% discount to Bitcoin NAV

OranjeBTC trades at 0.77× its Bitcoin NAV — you pay 77¢ for every $1 of Bitcoin it holds, a 252.3M USD pile.

Live · last updated

BTC held
3,912 BTC
Bitcoin treasury
Bitcoin NAV
252.3M USD
at today's BTC price
Market cap
198.4M USD
Fully diluted
Share price
6.23 BRL
BRL
Last BTC buy
8 BTC
Jul 13, 2026

mNAV over time

Full history · diluted

Today's 0.77× sits in a 52-week range of 0.72× to 3.03×.

mNAV · 52-week range
0.72×–3.03×
0.72×now 0.77×3.03×

About OranjeBTC

OranjeBTC (OBTC3.SA) owns 3,912 BTC. At today's price that Bitcoin is worth 252.3M USD. The market caps the whole company at 198.4M USD 0.77× its Bitcoin. Put plainly: you pay 77¢ for every $1 of Bitcoin it holds, a 23% discount to simply owning the coins. It bought in at an average of 20.7K USD per coin.

OranjeBTC (OBTC3.SA) mNAV — frequently asked

What is OranjeBTC (OBTC3.SA)'s mNAV?
OranjeBTC's mNAV is currently 0.77×. mNAV divides OBTC3.SA's market capitalisation by the value of the Bitcoin it holds, so 0.77× means the market values the company at 0.77× the worth of its Bitcoin treasury (252.3M USD).
Is OranjeBTC (OBTC3.SA) overvalued versus its Bitcoin?
At 0.77×, OranjeBTC (OBTC3.SA) trades at a 23% discount 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 0.72×–3.03×.
How much Bitcoin does OranjeBTC (OBTC3.SA) hold?
OranjeBTC holds 3,912 BTC, worth 252.3M USD at current prices. Its most recent purchase was 8 BTC on Jul 13, 2026.

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