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Norwegian Block Exchange (NBX.OL) Bitcoin Treasury Dashboard

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

Norwegian Block Exchange logo
Norwegian Block Exchange (NBX.OL)
🇳🇴
#145
BitcoinQuant
BTC Price
Current price of Bitcoin
$66,746
NBX.OL BTC Holdings
Bitcoins held on balance sheet
₿13.5
NBX.OL mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
14.06x
NBX.OL Stock Price
Latest stock price (in USD)
$0.04
NBX.OL % from 52W High
Current price gap from 52-week high
-68%
NBX.OL Enterprise Value
MCap + Debt + Pref - Cash
$12.7M
NBX.OL Market Cap
Equity market value
$10.8M
NBX.OL BTC NAV
Current value of BTC = holdings × BTC price
$901.1K
NBX.OL MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
1199%
NBX.OL BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.000%
NBX.OL mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
11.99x
NBX.OL 1W Return
Feb 23, 2026 (kr0.39) → Mar 1, 2026 (kr0.38)
-2.57%
NBX.OL 1M Return
Jan 26, 2026 (kr0.43) → Mar 1, 2026 (kr0.38)
-12.06%
NBX.OL 3M Return
Nov 26, 2025 (kr0.48) → Mar 1, 2026 (kr0.38)
-20.71%
NBX.OL YTD Return
Dec 30, 2025 (kr0.41) → Mar 1, 2026 (kr0.38)
-6.88%
NBX.OL 1Y Return
Feb 27, 2025 (kr0.24) → Mar 1, 2026 (kr0.38)
+55.33%
NBX.OL 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+79.39 p.p.
NBX.OL 52W High
Highest price in the last 52 weeks (in USD)
$0.13
NBX.OL Basic Shares
Estimated basic shares outstanding
271,227,657
NBX.OL Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
NBX.OL Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$49.49K
NBX.OL Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$35.95K
NBX.OL Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$2.9M
NBX.OL Debt/BTC NAV
Debt as a % of BTC NAV
—
NBX.OL BTC Rating
BTC NAV ÷ Total Debt
—
NBX.OL Cash
Total cash and cash equivalents
$1.07M
NBX.OL Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
60.5%
NBX.OL Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
133.0%
NBX.OL Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
NBX.OL Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
NBX.OL Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
NBX.OL Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
NBX.OL 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)
—
NBX.OL Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
NBX.OL Short Interest (% Float)
% of tradable shares sold short
—
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About Norwegian Block Exchange's Bitcoin Treasury Strategy

Norwegian Block Exchange (NBX.OL) ranks #145 globally among Bitcoin treasury companies, with 13.5 Bitcoin in its corporate treasury worth approximately $901.07K at current prices. This represents 0.000% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $0.04 per share with a market capitalization of $10.80M, Norwegian Block Exchange's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 14.06x. Bitcoin holdings represent 8% of the company's market cap, underscoring Bitcoin's central role in Norwegian Block Exchange's balance sheet strategy.

Recent stock performance shows -2.57% over the past week, -12.06% over the past month, -6.88% year-to-date, and +55.33% over the past year. Norwegian Block Exchange currently trades -68.19% from its 52-week high. The stock averages $35.95K in daily trading volume over the past 30 days, with 30-day volatility at 60.5%.

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Norwegian Block Exchange (NBX.OL) Bitcoin Treasury Detailed Analysis

Bitcoin Exposure & Holdings

Norwegian Block Exchange (NBX.OL) currently holds 14 Bitcoin in its corporate treasury. This represents 0.000% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $63,951.00, Norwegian Block Exchange's Bitcoin holdings are worth approximately $863,338.50 thousand, which represents the company's Bitcoin NAV (Net Asset Value).

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

Valuation Metrics & Market Capitalization

Norwegian Block Exchange (NBX.OL) stock price currently trades at $0.04 per share.

With a market capitalization of $10.81 million, Norwegian Block Exchange ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Norwegian Block Exchange's mNAV is 14.68x, meaning the market values the company's total capital structure at 14.68x times its underlying Bitcoin holdings.

On a Market Cap basis, Norwegian Block Exchange's mNAV is 12.52x relative to Bitcoin NAV.

Bitcoin holdings represent 8.0% of Norwegian Block Exchange's total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Norwegian Block Exchange's Enterprise Value is $12.67 million, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Norwegian Block Exchange has total outstanding debt of $2.94 million, representing a debt-to-Bitcoin NAV ratio of 3.40x.

The BTC Rating for Norwegian Block Exchange is 0.29x (Bitcoin NAV ÷ Total Debt), indicating 0.29x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Norwegian Block Exchange holds $1.07 million.

Norwegian Block Exchange reported total revenue of $1.71 million and operating cash flow of $-2,063,263.60.

Trading Volume & Risk Metrics

In the most recent trading session, NBX.OL recorded $49,506.43 thousand in dollar volume.

Over the past 30 days, NBX.OL has averaged $39,129.82 thousand in daily trading volume.

Norwegian Block Exchange's 30-day historical volatility is 60.5%.

Over the past calendar year, NBX.OL's historical volatility is 133.0%.

Norwegian Block Exchange's beta is 1.27x.

Norwegian Block Exchange's 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is 18.8%, measuring how closely the stock tracks spot Bitcoin exposure.

NBX.OL currently trades -68.15% from its 52-week high.

Options Market & Trading Activity

Implied volatility from the options market for NBX.OL is 45.1%.

Total open interest for NBX.OL options is $2.67 million. Put open interest totals $1.22 million and call open interest totals $1.45 million.

The put-to-call ratio for Norwegian Block Exchange is 0.85x.

Norwegian Block Exchange Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Norwegian Block Exchange 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 Norwegian Block Exchange'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 Norwegian Block Exchange'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: 02/28/2026, 1:45 AM ET

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