Bitcoin NAV and Market NAV (mNAV) Calculator
Calculates a Bitcoin fund's net asset value (NAV) per share, the market NAV (mNAV = market price per share), absolute premium/discount and premium/discount percentage between market price and NAV.
Bitcoin NAV and Market NAV (mNAV) Calculator gives you a faster way to work through money and planning scenarios without rebuilding the same calculation from scratch every time. Start with Total Bitcoin holdings, Bitcoin market price, Other assets (cash, receivables, etc.), and Liabilities and use the live outputs to estimate Market NAV (mNAV) per share (market price), Total BTC value, and Total net assets (assets - liabilities) in one pass. This page is built to help you compare scenarios quickly, validate rough assumptions, and move into a related calculator when you need a second angle on the same problem.
Use The Calculator In A Few Steps
Work through the inputs deliberately, then compare outputs instead of relying on a single scenario.
Scenario Checks
Use these examples to verify the behavior of the calculator before you run your own values.
What Users Usually Need Next
Keep the calculator open while you skim these answers so you can test the scenario that matters.
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