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Net Holding A.S. (NTHOL.IS) Bitcoin Treasury Dashboard

Track NTHOL.IS BTC holdings, mNAV, volume, volatility, price, and treasury analytics.

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Net Holding A.S. (NTHOL.IS)
🇹🇷
#83
BitcoinQuant
BTC Price
Current price of Bitcoin
$81,920
NTHOL.IS BTC Holdings
Bitcoins held on balance sheet
₿352
NTHOL.IS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
18.70x
NTHOL.IS Stock Price
Latest stock price (in USD)
$0.86
NTHOL.IS % from 52W High
Current price gap from 52-week high
-28%
NTHOL.IS Enterprise Value
MCap + Debt + Pref - Cash
$539.2M
NTHOL.IS Market Cap
Equity market value
$391.0M
NTHOL.IS BTC NAV
Current value of BTC = holdings × BTC price
$28.8M
NTHOL.IS MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
1356%
NTHOL.IS BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.002%
NTHOL.IS mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
13.56x
NTHOL.IS 1W Return
May 11, 2026 (₺40.62) → May 16, 2026 (₺39.06)
-3.84%
NTHOL.IS 1M Return
Apr 14, 2026 (₺39.04) → May 16, 2026 (₺39.06)
+0.05%
NTHOL.IS 3M Return
Feb 13, 2026 (₺52.00) → May 16, 2026 (₺39.06)
-24.88%
NTHOL.IS YTD Return
Dec 31, 2025 (₺48.46) → May 16, 2026 (₺39.06)
-19.40%
NTHOL.IS 1Y Return
May 15, 2025 (₺40.04) → May 16, 2026 (₺39.06)
-2.45%
NTHOL.IS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+18.78 p.p.
NTHOL.IS 52W High
Highest price in the last 52 weeks (in USD)
$1.19
NTHOL.IS Basic Shares
Estimated basic shares outstanding
456,040,861
NTHOL.IS Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
NTHOL.IS Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$707.43K
NTHOL.IS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$1.67M
NTHOL.IS Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$220.4M
NTHOL.IS Debt/BTC NAV
Debt as a % of BTC NAV
—
NTHOL.IS BTC Rating
BTC NAV ÷ Total Debt
—
NTHOL.IS Cash
Total cash and cash equivalents
$72.24M
NTHOL.IS Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
39.1%
NTHOL.IS Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
32.4%
NTHOL.IS Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
NTHOL.IS Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
NTHOL.IS Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
NTHOL.IS Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
NTHOL.IS Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
NTHOL.IS Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
NTHOL.IS Short Interest (% Float)
% of tradable shares sold short
—
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About Net Holding A.S.'s Bitcoin Treasury Strategy

Net Holding A.S. (NTHOL.IS) ranks #83 globally among Bitcoin treasury companies, with 352 Bitcoin in its corporate treasury worth approximately $28.84M at current prices. This represents 0.002% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $0.86 per share with a market capitalization of $390.99M, Net Holding A.S.'s stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 18.70x. Bitcoin holdings represent 7% of the company's market cap, underscoring Bitcoin's central role in Net Holding A.S.'s balance sheet strategy.

Recent stock performance shows -3.84% over the past week, +0.05% over the past month, -19.40% year-to-date, and -2.45% over the past year. Net Holding A.S. currently trades -27.93% from its 52-week high. The stock averages $1.67M in daily trading volume over the past 30 days, with 30-day volatility at 39.1%.

Net Holding A.S.'s Bitcoin treasury strategy is led by Hande Tibuk (CEO).

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Other Companies in TR

No other companies found in TR

Bitcoin Preferred Equity

Preferred Equity Dashboard (STRC, STRD, STRF, STRK, SATA)

Net Holding A.S. (NTHOL.IS) Bitcoin Treasury Detailed Analysis

Track Net Holding A.S. (NTHOL.IS) Bitcoin purchases, mNAV, stock price, market cap, volatility, volume and treasury holdings.

Bitcoin Exposure & Holdings

Net Holding A.S. (NTHOL.IS) currently holds 352 Bitcoin in its corporate treasury. This represents 0.002% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $81,920.00, Net Holding A.S.'s Bitcoin holdings are worth approximately $28.84 million, which represents the company's Bitcoin NAV (Net Asset Value).

Net Holding A.S.'s total cost basis for its Bitcoin holdings is $0.00, putting the company at a N/A unrealized loss on its Bitcoin position.

Valuation Metrics & Market Capitalization

Net Holding A.S. (NTHOL.IS) stock price currently trades at $0.86 per share.

With a market capitalization of $390.99 million, Net Holding A.S. ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Net Holding A.S.'s mNAV is 18.70x, meaning the market values the company's total capital structure at 18.70x times its underlying Bitcoin holdings.

On a Market Cap basis, Net Holding A.S.'s mNAV is 13.56x relative to Bitcoin NAV.

Bitcoin holdings represent 7.4% of Net Holding A.S.'s total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Net Holding A.S.'s Enterprise Value is $539.19 million, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Net Holding A.S. has total outstanding debt of $220.44 million, representing a debt-to-Bitcoin NAV ratio of 7.64x.

The BTC Rating for Net Holding A.S. is 0.13x (Bitcoin NAV ÷ Total Debt), indicating 0.13x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Net Holding A.S. holds $72.24 million.

Net Holding A.S. reported total revenue of $549.09 million and operating cash flow of $64.01 million.

Trading Volume & Risk Metrics

In the most recent trading session, NTHOL.IS recorded $707,429.71 thousand in dollar volume.

Over the past 30 days, NTHOL.IS has averaged $1.67 million in daily trading volume.

Net Holding A.S.'s 30-day historical volatility is 39.1%.

Over the past calendar year, NTHOL.IS's historical volatility is 32.4%.

Net Holding A.S.'s beta is -0.06x.

Net Holding A.S.'s 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is 47.4%, measuring how closely the stock tracks spot Bitcoin exposure.

NTHOL.IS currently trades -27.93% from its 52-week high.

Bitcoin Strategy Leadership

Net Holding A.S.'s Bitcoin treasury strategy is led by Hande Tibuk (CEO).

Net Holding A.S. Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Net Holding A.S. Bitcoin treasury chart above provides a comprehensive visualization of the company's Bitcoin treasury performance over time, allowing investors to track BTC holdings, acquisition rates, and valuation metrics.

All of the data on this page — including Net Holding A.S.'s Bitcoin NAV, mNAV, BTC Rating, cost basis, and options activity — is calculated in real time and updated continuously on BitcoinQuant. By analyzing these treasury metrics alongside historical acquisition data and market performance, investors can gain insights into Net Holding A.S.'s Bitcoin accumulation strategy and compare it against other Bitcoin treasury companies tracked across the BitcoinQuant platform.

BitcoinQuant tracks the full universe of public companies holding Bitcoin, providing real-time analytics on holdings, valuations, financial health, trading activity, and risk metrics across every Bitcoin treasury stock in the market.

Data as of: 05/11/2026, 2:05 PM ET

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