LEARN
Understand the metrics and concepts behind corporate digital asset treasuries.
What Is a Digital Asset Treasury Company (DATCo)?
A DATCo is a company that holds cryptocurrency as a treasury reserve asset. Learn why companies hold BTC, ETH, and other digital assets on their balance sheet.
What Is mNAV? NAV Multiple Explained
mNAV measures how many times a company's stock trades above or below its crypto holdings value. Learn how to calculate and interpret mNAV premiums and discounts.
What Is EV/mNAV? Enterprise Value to mNAV Ratio
EV/mNAV compares a company's total enterprise value to its crypto net asset value. Learn how investors use this ratio to evaluate DAT companies.
Companies Holding Bitcoin: The Corporate Treasury Trend
A growing number of public and private companies hold Bitcoin as a treasury reserve asset. Explore who they are, how much they hold, and why.
Cost Basis Explained for Corporate Crypto Holdings
Cost basis tracks what a company paid for its crypto. Learn about average cost, cumulative basis, and how these metrics appear in SEC filings.