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Tesla

TSLA

Market valuation vs the Bitcoin it holds

2048.21×
Premium
a 204721% premium to Bitcoin NAV

Tesla trades at 2048.21× its Bitcoin NAV — you pay $2048.21 for every $1 of Bitcoin it holds, a 734.4M USD pile.

Live · last updated

BTC held
11.5K BTC
Bitcoin treasury
Bitcoin NAV
734.4M USD
at today's BTC price
Market cap
1.50T USD
Fully diluted
Share price
400 USD
USD
Last BTC buy
1790 BTC
Dec 31, 2024

mNAV over time

Full history · diluted

Today's 2048.21× sits in a 52-week range of 726.99× to 2160.24×.

mNAV · 52-week range
726.99×–2160.24×
726.99×now 2048.21×2160.24×

About Tesla

Tesla (TSLA) owns 11.5K BTC. At today's price that Bitcoin is worth 734.4M USD. The market caps the whole company at 1.50T USD 2048.21× its Bitcoin. Put plainly: you pay $2048.21 for every $1 of Bitcoin it holds, a 204721% premium for everything that isn't the Bitcoin. It bought in at an average of 87.4K USD per coin.

Tesla (TSLA) mNAV — frequently asked

What is Tesla (TSLA)'s mNAV?
Tesla's mNAV is currently 2048.21×. mNAV divides TSLA's market capitalisation by the value of the Bitcoin it holds, so 2048.21× means the market values the company at 2048.21× the worth of its Bitcoin treasury (734.4M USD).
Is Tesla (TSLA) overvalued versus its Bitcoin?
At 2048.21×, Tesla (TSLA) trades at a 204721% 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 726.99×–2160.24×.
How much Bitcoin does Tesla (TSLA) hold?
Tesla holds 11.5K BTC, worth 734.4M USD at current prices. Its most recent purchase was 1790 BTC on Dec 31, 2024.

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