Hamak Strategy is a London-listed gold exploration company in West Africa that holds BTC as a treasury reserve asset next to physical gold.
- BTC holdings
- 18
- Cost Basis
- —
- Average cost / BTC
- —
- Change since start of year
- -2 BTC
$1.32M · as of Sep 18, 2026 · price as of Nov 11, 2026
NgU — · as of Sep 18, 2026
-10%
- Market Cap
- $3.22M
- Enterprise Value
- $5.76M
- mNAV
- 4.35×
- Holdings per Share (BTC)
- —
Balance sheet values as of Jun 30, 2026, basic shares as of Sep 11, 2026: Interim report · Sep 25, 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 | 18 | Not reported | Sep 18, 2026 |
HoldingsBTC vs USD value
18 BTC
$1.33M USD value · as of 2026-11-10
- BTC Holdings (left)
- USD Value (right)
BTC Reserve
18 BTC
Average Cost $109,192 / BTC · 3 Purchases and 1 Sale since 2025-07-30
- Holdings
- Average Cost
- Purchase (size = amount)
- Sale (size = amount)
BTC historical holdings
| Date | Change | Holdings | Cumulative cost | Average Cost | Sources |
|---|---|---|---|---|---|
| Sep 18, 2026 | -8-30.77% | 18 | — | — | |
| Sep 18, 2026Sale | -8 | — | — | — | |
| Jun 30, 2026 | 00% | 26 | $2.84M | $109,192 | |
| Feb 18, 2026 | +3+13.04% | 26 | $2.84M | $109,081 | |
| Feb 18, 2026Purchase | +3 | — | — | — | |
| Jan 3, 2026 | +3+15% | 23 | $2.64M | $114,588 | |
| Jan 3, 2026Purchase | +3 | — | — | — | |
| Dec 31, 2025 | 00% | 20 | $2.37M | $118,300 | |
| Jul 30, 2025 | — | 20 | $2.37M | $118,426 | |
| Jul 30, 2025Purchase | +20 | — | — | — |
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 18, 2026 | 18 | — | $1.46M | 506.5M | — | 0.00000003554 | — | $0.01 | $3.89M | — | $26K | $2.57M |
| Jun 30, 2026 | 26 | $2.84M | $1.52M | 506.5M | — | 0.00000005133 | — | $0.01 | $4.57M | — | $26K | $2.57M |
| Feb 18, 2026 | 26 | $2.84M | $1.73M | — | — | — | — | $0.02 | — | — | — | — |
| Jan 3, 2026 | 23 | $2.64M | $2.08M | — | — | — | — | $0.02 | — | — | — | — |
| Dec 31, 2025 | 20 | $2.37M | $1.75M | — | — | — | — | $0.02 | — | — | — | — |
| Jul 30, 2025 | 20 | $2.37M | $2.36M | — | — | — | — | $0.08 | — | — | — | — |
— 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.
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Hamak Strategy18 BTC