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Nano Labs (NA) Bitcoin Treasury Dashboard

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

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Nano Labs (NA)
🇨🇳
#54
BitcoinQuant
BTC Price
Current price of Bitcoin
$81,920
NA BTC Holdings
Bitcoins held on balance sheet
₿1,000
NA mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
2.88x
NA Stock Price
Latest stock price (in USD)
$1.85
NA % from 52W High
Current price gap from 52-week high
-81%
NA Enterprise Value
MCap + Debt + Pref - Cash
$236.3M
NA Market Cap
Equity market value
$37.7M
NA BTC NAV
Current value of BTC = holdings × BTC price
$81.9M
NA MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
46%
NA BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.005%
NA mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.46x
NA 1W Return
Jun 23, 2026 ($1.74) → Jun 30, 2026 ($1.85)
+6.32%
NA 1M Return
May 29, 2026 ($2.67) → Jun 30, 2026 ($1.85)
-30.71%
NA 3M Return
Mar 27, 2026 ($2.98) → Jun 30, 2026 ($1.85)
-37.92%
NA YTD Return
Dec 31, 2025 ($3.15) → Jun 30, 2026 ($1.85)
-41.27%
NA 1Y Return
Jun 30, 2025 ($9.28) → Jun 30, 2026 ($1.85)
-80.06%
NA 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-58.84 p.p.
NA 52W High
Highest price in the last 52 weeks (in USD)
$9.50
NA Basic Shares
Estimated basic shares outstanding
20,355,181
NA Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
NA Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$59.78K
NA Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$328.76K
NA Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$235.6M
NA Debt/BTC NAV
Debt as a % of BTC NAV
—
NA BTC Rating
BTC NAV ÷ Total Debt
—
NA Cash
Total cash and cash equivalents
$36.96M
NA Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
92.0%
NA Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
97.2%
NA Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
NA Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
NA Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
NA Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
NA 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)
—
NA Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
NA Short Interest (% Float)
% of tradable shares sold short
—
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About Nano Labs's Bitcoin Treasury Strategy

Nano Labs (NA) ranks #54 globally among Bitcoin treasury companies, with 1,000 Bitcoin in its corporate treasury worth approximately $81.92M at current prices. This represents 0.005% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $1.85 per share with a market capitalization of $37.66M, Nano Labs's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 2.88x. Bitcoin holdings represent 218% of the company's market cap, underscoring Bitcoin's central role in Nano Labs's balance sheet strategy.

Recent stock performance shows +6.32% over the past week, -30.71% over the past month, -41.27% year-to-date, and -80.06% over the past year. Nano Labs currently trades -80.53% from its 52-week high. The stock averages $328.76K in daily trading volume over the past 30 days, with 30-day volatility at 92.0%.

Nano Labs's Bitcoin treasury strategy is led by Jianping Kong (Chairman and CEO).

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Nano Labs (NA) Bitcoin Treasury Detailed Analysis

Track Nano Labs (NA) Bitcoin purchases, mNAV, stock price, market cap, volatility, volume and treasury holdings.

Bitcoin Exposure & Holdings

Nano Labs (NA) currently holds 1,000 Bitcoin in its corporate treasury. This represents 0.005% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $81,920.00, Nano Labs's Bitcoin holdings are worth approximately $81.92 million, which represents the company's Bitcoin NAV (Net Asset Value).

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

Nano Labs held 360 Bitcoin on January 1st, 2024. Since then, Nano Labs has been acquiring an average of 1.17 BTC per day, representing +177.78% growth in Bitcoin holdings since then.

Valuation Metrics & Market Capitalization

Nano Labs (NA) stock price currently trades at $1.85 per share.

With a market capitalization of $42.95 million, Nano Labs ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Nano Labs's mNAV is 2.88x, meaning the market values the company's total capital structure at 2.88x times its underlying Bitcoin holdings.

On a Market Cap basis, Nano Labs's mNAV is 0.46x relative to Bitcoin NAV.

Bitcoin holdings represent 190.8% of Nano Labs's total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Nano Labs's Enterprise Value is $236.26 million, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Nano Labs has total outstanding debt of $235.56 million, representing a debt-to-Bitcoin NAV ratio of 2.88x.

The BTC Rating for Nano Labs is 0.35x (Bitcoin NAV ÷ Total Debt), indicating 0.35x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Nano Labs holds $36.96 million.

Nano Labs reported total revenue of $27.01 million and operating cash flow of $-108,268,896.00.

Trading Volume & Risk Metrics

In the most recent trading session, NA recorded $59,775.35 thousand in dollar volume.

Over the past 30 days, NA has averaged $328,762.00 thousand in daily trading volume.

Nano Labs's 30-day historical volatility is 92.0%.

Over the past calendar year, NA's historical volatility is 97.2%.

Nano Labs's beta is 3.26x.

Short interest for NA represents 6.9% of tradable shares.

Nano Labs's 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is 9.1%, measuring how closely the stock tracks spot Bitcoin exposure.

NA currently trades -80.53% from its 52-week high.

Options Market & Trading Activity

Implied volatility from the options market for NA is 0.0%.

Total open interest for NA options is $321,900.00 thousand. Put open interest totals $22,200.00 thousand and call open interest totals $299,700.00 thousand.

The put-to-call ratio for Nano Labs is 0.07x.

Weighted by open interest, the average duration for NA options is 43.2 days to expiration.

Bitcoin Strategy Leadership

Nano Labs's Bitcoin treasury strategy is led by Jianping Kong (Chairman and CEO).

Nano Labs Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Nano Labs 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 Nano Labs'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 Nano Labs'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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