Bitcoin Treasury Valuation Premiums Shrink, Samara Asset Group Analysis Shows

PUBT · 2d ago
Bitcoin Treasury Valuation Premiums Shrink, Samara Asset Group Analysis Shows
  • Bitcoin treasury companies’ valuation premiums compressed in 2025-2026, with many shares trading below the value of their holdings.
  • By October 2025, 26 of 168 public Bitcoin-holding companies tracked by BitcoinTreasuries.net traded at a discount.
  • Strategy’s enterprise-value mNAV fell below 1.0 in June 2026, with Bitcoin near $60,000.
  • Disappearing premiums weaken equity-funded Bitcoin accumulation, pushing companies toward debt or preferred stock that adds claims senior to common shareholders.
  • Discounts can persist without a redemption mechanism; differing mNAV methodologies can show the same company trading at a discount or premium.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Samara Asset Group plc published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.