KDPResearch

DAT NAV

A DAT (Digital Asset Treasury) is a listed company that buys a specific coin as a treasury asset. This page picks one representative DAT per coin and shows its treasury, market cap, mNAV, warrants and buying plans, alongside every listed company that holds those coins.

Sector
Treasury
Assets
$BTC, $ETH, $SOL +23
Published
2026-10-07
Status
Live
Coins coveredcoins with a representative DAT
2626 representative DATs
Coins held by representative DATsat current coin prices
$97.55B$142.60B across all listed holders
Median NAVmarket cap ÷ coin holdings value
0.86×25 with a NAV
Trading below coin valueNAV under 1.0
14of 25

01NAV of the representative DATs

Click a logo to open that company's treasury, NAV, warrants and buying plan

Premium ↑Discount ↓1.0× market cap = coin value
NAV (log scale)Coin holdings value (log scale)

Not on the map

02Every listed holder

#CompanyCountryCoins heldHoldings value
1StrategyMSTRUS848K $BTC$71.38B
2BitMine ImmersionBMNRUS198 $BTC6.02M $ETH$15.75B
3Twenty One CapitalXXIUS43.5K $BTC$3.66B
4Metaplanet3350.TJP43K $BTC$3.62B
5Hyperliquid Strategies Inc.PURRUS37.04M $HYPE$3.37B
6MARA HoldingsMARAUS35.3K $BTC$2.97B
7Bitcoin Standard Treasury CompanyCEPOUS30K $BTC$2.53B
8Galaxy Digital Holdings LtdGLXYUS25.7K $BTC61.1K $ETH775.3K $SOL$2.42B
9StriveASSTUS27.5K $BTC$2.31B
10SharpLinkSBETUS868.7K $ETH$2.27B
11BullishBLSHUS23.3K $BTC14.2K $ETH$2B
12Coinbase GlobalCOINUS16.5K $BTC150.2K $ETH$1.78B
13Space Exploration Technologies Corp.SPCXUS18.7K $BTC$1.58B
14Riot PlatformsRIOTUS15.7K $BTC$1.32B
15The Ether MachineETHMUS496.7K $ETH$1.30B
16Hut 8 Mining CorpHUTUS13.7K $BTC$1.15B
17CleanSparkCLSKUS13.5K $BTC$1.13B
18ZeroStackZSTKUS223.77M $0G925.93M $M$1.05B
19Forward IndustriesFWDIUS8.5M $SOL$1.01B
20TeslaTSLAUS11.5K $BTC$968.8M
21Trump Media & Technology Group Corp.DJTUS9,542 $BTC$803.2M
22BlockXYZUS9,032 $BTC$760.3M
23StablecoinX IncUSDEUS3.03B $ENA$720.9M
24Evernorth HoldingsXRPNUS473.28M $XRP$695.7M
25American BitcoinABTCUS7,500 $BTC$631.3M

Includes miners, exchanges and other companies whose main business is not holding coins. Representative DATs have a shaded row.