Corporate treasuries over market cap
The market value of disclosed corporate holdings as a share of the asset's market capitalization.
Sizes how much of an asset's market value sits on the balance sheets of listed companies. Unlike the equity-world notion of a treasury, this is not the issuer's own cash pile — a digital asset has no issuer with a balance sheet — it is the holdings of unrelated public companies.
Dónde induce a error
Only listed companies that disclose are counted, so the true figure is higher by an unknown amount. It also moves with price on both sides of the ratio, which makes changes in it hard to attribute to buying or selling without checking the unit count as well.
La comparación con renta variable y por qué no funciona
It resembles nothing in equity analysis. A company's treasury is its own asset; this is a measure of who else owns the thing, which is a register question, not a balance-sheet one.
Cómo interpretar un valor alto o bajo
A higher share means more of the supply is held by entities whose own financing decisions could move it.
Valores más altos en nuestra cobertura
Ordenado únicamente por la cifra. Esto no es un ranking de calidad y no implica ninguna valoración.
