Pure Bitcoin Treasury Index

©
Pure Treasury Focus
Enhanced Weighting (70/30)
40 Constituents

An index of publicly traded companies that have adopted Bitcoin as a treasury reserve asset, weighted by our proprietary methodology that prioritizes commitment level over market capitalization.

Last Updated

2026-07-09T16:23:06.043Z

Aggregate Constituent BTC

6,097,289 BTC

Sum across all eligible holders

Total Value

$664.3B

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Bitcoin Treasury Index (BTI)

Live
23 Holdings
1002.58
0.00%

70/30 methodology • 04:23 PM UTC

BTC Price

$62,753

Aggregate Constituent BTC

6,097,289

Sum across 23 eligible companies

7-Day Performance

0.00%

Weekly momentum

30-Day Performance

0.00%

Monthly trend

Total Index Value

$664.3B

Combined holdings value

Effective Holdings

9.4

Diversification metric

Index Methodology

Conviction Weight:70%
Exposure Weight:30%
Max Weight Cap:15%
Min BTC Holdings:3,000 BTC

Risk Metrics

Herfindahl Index:10.7%
Effective Holdings:9.4
Diversification:94%
Total Weight:100.0%

Index Health

Eligible Constituents:23
Rebalancing:Daily
Frequency:Daily calculation
Status:
Live

Bitcoin Treasury Index

1002.58

from yesterday

7-Day Performance

0.00%

Weekly change

90-Day

-0.00%

Period performance

Index Performance

Historical Bitcoin Treasury Index values, rescaled to ~1,000 base (90 data points)

Rescaled Index · ~1,000 base (S&P-style)
4/1/20264/10/20264/20/20264/30/20265/9/20265/18/20265/28/20266/6/20266/15/20266/29/20261000.61002.61004.6Index

BTC in Treasuries

Live
2.73M
BTC
Public Companies
2338.6%
ETFs / Other Funds
1042.5%
Governments
718.8%

Entities Holding BTC

40
40
Entities
Public Companies
23
ETFs / Funds
10
Governments
7

Top Countries by BTC

Reserves
050000100000150000200000UnitedStatesGovernmentChina(SeizedAssets)UnitedKingdom(Seized)Ukraine(Donations)Bhutan(DrukHolding)

Bitcoin Treasury Index - Key Features

A sophisticated index designed to track public companies with significant Bitcoin treasury holdings

Enhanced Weighting

Dual-Factor Methodology

70% conviction level + 30% absolute holdings

Pure Treasury Focus

Only treasury holdings, no operational Bitcoin

Mathematical Precision

Normalized scoring with concentration limits

Risk Controls

15% Weight Cap

Prevents over-concentration in single names

3,000 BTC Minimum

Ensures meaningful treasury commitment

Quarterly Rebalancing

Regular updates with latest holdings data

Analytics & Data

Real-Time Metrics

Live index values and performance tracking

Risk Analytics

Sharpe ratio, volatility, and drawdown analysis

Multi-Source Verification

SEC filings, earnings reports, company announcements

Why This Index Matters

Corporate Bitcoin Adoption Tracker

The only index focused purely on corporate treasury Bitcoin holdings, providing exposure to the growing trend of Bitcoin as a corporate reserve asset.

Smart Conviction Weighting

Unlike traditional market-cap weighting, our methodology rewards companies with higher Bitcoin conviction while maintaining diversification.

Enhanced Methodology
Risk Controlled
Quarterly Rebalanced
Transparent Calculation

Aggregate Constituent BTC

1,055,356 BTC

Sum across all eligible holders in this view

Total Value

$114.3B

Constituents

23

Treasury Holdings

1

Strategy Inc

MSTR

762,099

BTC Holdings

$82.56B

USD Value

97.1%

of Assets

72.21%

7.2213 BTC

$453,155

Software
2

Twenty One Capital Inc

XXI

43,514

BTC Holdings

$4.71B

USD Value

7185.6%

of Assets

4.12%

0.4123 BTC

$25,874

Financial Services
3

MARA Holdings, Inc.

MARA

38,689

BTC Holdings

$4.19B

USD Value

138.6%

of Assets

3.67%

0.3666 BTC

$23,005

Mining
4

Metaplanet Inc.

MTPLF

35,102

BTC Holdings

$3.80B

USD Value

276.1%

of Assets

3.33%

0.3326 BTC

$20,872

Technology
5

Galaxy Digital

GLXY

25,723

BTC Holdings

$2.79B

USD Value

46.6%

of Assets

2.44%

0.2437 BTC

$15,295

Financial Services
6

Riot Platforms, Inc.

RIOT

18,005

BTC Holdings

$1.95B

USD Value

40.5%

of Assets

1.71%

0.1706 BTC

$10,706

Mining
7

Coinbase Global, Inc.

COIN

15,389

BTC Holdings

$1.67B

USD Value

3.8%

of Assets

1.46%

0.1458 BTC

$9,151

Financial Services
8

Strive, Inc.

ASST

13,628

BTC Holdings

$1.48B

USD Value

5735.4%

of Assets

1.29%

0.1291 BTC

$8,103

Financial Services
9

CleanSpark, Inc.

CLSK

13,363

BTC Holdings

$1.45B

USD Value

65.9%

of Assets

1.27%

0.1266 BTC

$7,946

Mining
10

Tesla, Inc.

TSLA

11,509

BTC Holdings

$1.25B

USD Value

0.1%

of Assets

1.09%

0.1091 BTC

$6,843

Automotive
11

Hut 8 Corp.

HUT

10,278

BTC Holdings

$1.11B

USD Value

21.4%

of Assets

0.97%

0.0974 BTC

$6,111

Mining
12

Trump Media & Technology Group Corp.

DJT

9,542

BTC Holdings

$1.03B

USD Value

44.2%

of Assets

0.90%

0.0904 BTC

$5,674

Media
13

Block, Inc.

XYZ

8,883

BTC Holdings

$962.3M

USD Value

2.8%

of Assets

0.84%

0.0842 BTC

$5,282

Financial Services
14

GD Culture Group Limited

GDC

7,500

BTC Holdings

$812.5M

USD Value

511.0%

of Assets

0.71%

0.0711 BTC

$4,460

Technology
15

American Bitcoin Corp.

ABTC

6,963

BTC Holdings

$754.3M

USD Value

93.6%

of Assets

0.66%

0.0660 BTC

$4,140

Mining
16

Next Technology Holding Inc.

NXTT

5,833

BTC Holdings

$631.9M

USD Value

9292.2%

of Assets

0.55%

0.0553 BTC

$3,468

Technology
17

ProCap Financial, Inc.

BRR

5,457

BTC Holdings

$591.1M

USD Value

334.0%

of Assets

0.52%

0.0517 BTC

$3,245

Financial Services
18

Nakamoto Holdings, Inc.

NAKA

5,398

BTC Holdings

$584.7M

USD Value

681.5%

of Assets

0.51%

0.0511 BTC

$3,210

Technology
19

GameStop Corp.

GME

4,210

BTC Holdings

$456.1M

USD Value

4.6%

of Assets

0.40%

0.0399 BTC

$2,503

Retail
20

Boyaa Interactive

0434.HK

4,092

BTC Holdings

$443.3M

USD Value

175.9%

of Assets

0.39%

0.0388 BTC

$2,433

Technology
21

Empery Digital Inc.

EMPD

3,502

BTC Holdings

$379.4M

USD Value

263.4%

of Assets

0.33%

0.0332 BTC

$2,082

Technology
22

Bitcoin Group SE

ADE.DE

3,364

BTC Holdings

$364.4M

USD Value

223.6%

of Assets

0.32%

0.0319 BTC

$2,000

Financial Services
23

Cango Inc.

CANG

3,313

BTC Holdings

$358.9M

USD Value

263.9%

of Assets

0.31%

0.0314 BTC

$1,970

Technology

Frequently Asked Questions

Important Disclosures

Index Information

This is a hypothetical index for educational and analytical purposes. The Pure Bitcoin Treasury Index tracks publicly traded companies that have adopted Bitcoin as a treasury reserve asset, using a proprietary commitment-weighted methodology.

Data Sources & Updates

Data sourced from SEC filings, company earnings reports, and verified public announcements. Holdings are updated quarterly or upon material changes to company Bitcoin positions.

Minimum: 3,000 BTCMax Weight: 15%Rebalancing: DailyCurrent Constituents: 40Last Update: 2026-07-09T16:23:06.043Z