B Treasury Capital is a Stockholm-based Treasury Company listed on Spotlight Stock Market that holds BTC as its core reserve asset and funds more BTC with perpetual preference shares.
Spotlight Stock Market:BTC B- BTC holdings
- 174
- Cost Basis
- —
- Average cost / BTC
- —
- Change since start of year
- +7.67 BTC
$12.8M · as of Sep 25, 2026 · price as of Nov 11, 2026
NgU — · as of Sep 25, 2026
+4.6%
- Market Cap
- —
- Enterprise Value
- —
- mNAV
- —
- Holdings per Share (BTC)
- —
Balance sheet values as of Sep 25, 2026, basic shares as of Sep 25, 2026: Cision press release · Sep 25, 2026Cision press release · Jul 29, 2026
Asset holdings
Latest reported holdings for each asset. Cost Basis is the reported total cost. It can include fees and staking income. It does not give the date or price of each Purchase.
| Asset | Holdings | Cost Basis | As of | Sources |
|---|---|---|---|---|
| BTC | 174 | Not reported | Sep 25, 2026 |
HoldingsBTC vs USD value
174 BTC
$12.84M USD value · as of 2026-11-10
- BTC Holdings (left)
- USD Value (right)
BTC Reserve
174 BTC
Average Cost $102,630 / BTC · 6 Purchases and 0 Sales since 2026-04-15
- Holdings
- Average Cost
- Purchase (size = amount)
- Sale (size = amount)
BTC historical holdings
| Date | Change | Holdings | Cumulative cost | Average Cost | Sources |
|---|---|---|---|---|---|
| Sep 25, 2026 | 00% | 174 | — | — | |
| Aug 5, 2026 | +1+0.58% | 174 | — | — | |
| Aug 5, 2026Purchase | +1 | — | — | — | |
| Jul 22, 2026 | +1+0.58% | 173 | — | — | |
| Jul 22, 2026Purchase | +1 | — | — | — | |
| Jun 30, 2026 | 00% | 172 | $17.65M | $102,630 | |
| Jun 10, 2026 | +0.67+0.39% | 172 | — | — | |
| May 27, 2026Purchase | +1 | — | — | — | |
| May 26, 2026 | +1.33+0.78% | 171.33 | — | — | |
| May 13, 2026 | +1+0.59% | 170 | — | — | |
| May 13, 2026Purchase | +1 | — | — | — | |
| Apr 29, 2026 | +1+0.6% | 169 | — | — | |
| Apr 29, 2026Purchase | +1 | — | — | — | |
| Apr 15, 2026 | +1.67+1% | 168 | — | — | |
| Apr 15, 2026Purchase | +1 | — | — | — | |
| Mar 31, 2026 | 00% | 166.33 | — | — | |
| Dec 31, 2025 | +0.03+0.02% | 166.33 | $17.26M | $103,751 | |
| Sep 30, 2025 | +19.3+13.13% | 166.3 | $17.26M | $103,770 | |
| Jul 8, 2025 | — | 147 | — | — |
Advanced metrics
| Date | BTC holdings | Shares outstanding | BTC per share | Stock price | Market Cap | Financials | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance | Cost Basis | Value | Basic | Diluted | Basic | Diluted | Basic | Diluted | Cash | Debt | ||
| Sep 25, 2026 | 174 | — | $14.63M | 787.3K | — | 0.000221 | — | — | — | — | $776.04K | $0 |
| Aug 5, 2026 | 174 | — | $11.25M | 780.3K | — | 0.000223 | — | — | — | — | $161.99K | $303.73K |
| Jul 22, 2026 | 173 | — | $11.44M | 780.3K | — | 0.0002217 | — | — | — | — | $161.99K | $303.73K |
| Jun 30, 2026 | 172 | $17.65M | $10.08M | 780.3K | — | 0.0002204 | — | — | — | — | $161.99K | $303.73K |
| Jun 10, 2026 | 172 | — | $10.58M | — | — | — | — | — | — | — | — | — |
| May 26, 2026 | 171.33 | — | $13.01M | — | — | — | — | — | — | — | — | — |
| May 13, 2026 | 170 | — | $13.48M | — | — | — | — | — | — | — | — | — |
| Apr 29, 2026 | 169 | — | $12.81M | — | — | — | — | — | — | — | — | — |
| Apr 15, 2026 | 168 | — | $12.57M | — | — | — | — | — | — | — | — | — |
| Mar 31, 2026 | 166.33 | — | $11.36M | — | — | — | — | — | — | — | — | — |
| Dec 31, 2025 | 166.33 | $17.26M | $14.58M | — | — | — | — | — | — | — | — | — |
| Sep 30, 2025 | 166.3 | $17.26M | $18.97M | — | — | — | — | — | — | — | — | — |
| Jul 8, 2025 | 147 | — | $16.01M | — | — | — | — | — | — | — | — | — |
— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.
Digital Credit
| Ticker | Price | Yield / Rate |
|---|---|---|
| BTC PREF A | — | — / 10% |
| Total Market Cap | — | |
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B Treasury Capital174 BTC