BTC nav (MSTR)
Strategy’s Bitcoin holdings valued at current market price, excluding liabilities.
What is BTC nav (MSTR)?
BTC NAV is the total Bitcoin held multiplied by current price, a supplemental metric not equivalent to traditional NAV, ignoring debt and preferred liquidation values. As of October 2025, Strategy’s BTC NAV is $77,865 million for 640,031 BTC at $122,764 per BTC.
It aids in premium calculations but investors should reference SEC filings for full context.
Related Terms
Limit Order
An order to buy or sell an asset at a specified price or better, which may rest in the order book if not immediately filled.
Paradigm
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TVL (DEX)
Total Value Locked (TVL) on a decentralized exchange (DEX) is the total dollar value of digital assets deposited into liquidity pools, representing the capital available for trading and fee generation.
Stablecoin and MasterCard
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Stablecoin and Stripe
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Slippage (order book)
The difference between the expected price of a trade and the actual executed price due to market movement.