Bitcoin tools
All of SatsIntel's free tools for analyzing institutional Bitcoin in one place: calculators, simulators, comparators and explorers of listed treasuries, spot ETFs and corporate fixed income. No sign-up, with data verifiable against primary sources.
Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.
Calculators, comparators and explorers
From valuing a single treasury to discovering the whole ecosystem.
mNAV calculator
How much Bitcoin per share each treasury holds, and at what premium or discount to NAV it trades. The core metric for valuing a Bitcoin treasury.
Open →BacktestingHistorical simulator
Compare how your Bitcoin investment would have performed against treasuries, ETFs, miners, gold and the S&P 500 from any start date.
Open →RiskTreasury stress test
What happens to each treasury if Bitcoin falls to 50k, 30k or 20k? Simulate scenarios and find the BTC price each balance sheet withstands before its ruin price.
Open →ComparisonTreasury comparator
MSTR against Metaplanet, Twenty One, ETFs and more, head to head: holdings, mNAV, BTC Yield and capital structure in a single table.
Open →CustodyCustodian comparator
Institutional crypto custodians compared by charter, technology (cold storage, MPC, multisig), insurance and concentration across the ETFs.
Open →DataTreasury directory
Every listed company with Bitcoin on its balance sheet, with holdings, mNAV and live price. The complete map of corporate Bitcoin.
Open →DataSpot ETF explorer
Daily flows, AUM, fee (TER) and custodian of every spot Bitcoin ETF. The X-ray of the institutional money flowing in and out.
Open →Fixed incomeFixed income & yield
The preferred shares and convertibles issued by treasuries (STRC, SATA, STRK…) with coupon, payment frequency, effective yield and live price.
Open →MacroBitcoin indicators
The big macro indicators of institutional Bitcoin: supply held by treasuries and ETFs, dominance, flows and aggregate corporate exposure.
Open →TrackingPortfolio
Consolidate your total Bitcoin exposure —treasury stocks, ETFs and preferreds— with weighted mNAV and BTC Yield across the whole position.
Open →ReferenceGlossary
The essential terms of corporate Bitcoin explained clearly: mNAV, BTC Yield, NAV, custody, perpetual preferred, halving and many more.
Open →Frequently asked questions
What free tools does SatsIntel offer to analyze Bitcoin?
All of SatsIntel's tools are free and require no sign-up: the mNAV calculator, the historical simulator (Bitcoin vs treasuries, ETFs, gold and the S&P 500), the treasury stress test, the treasury comparator, the custodian comparator, the treasury, spot-ETF and fixed-income explorers, the macro indicators page and the glossary. They are built to analyze institutional Bitcoin —listed treasuries, ETFs and corporate fixed income— with verifiable data.
Is there a free mNAV calculator?
Yes. SatsIntel's mNAV calculator is free and shows, for each Bitcoin treasury, how much BTC it holds per share and at what premium or discount to its NAV it trades. It is the reference tool for judging whether a treasury trades expensive or cheap relative to its Bitcoin.
Can I compare Bitcoin treasuries and ETFs for free?
Yes. The treasury comparator pits companies like Strategy (MSTR), Metaplanet or Twenty One against each other by holdings, mNAV and BTC Yield; the spot-ETF explorer shows flows, AUM, TER and custodian of each fund; and the directory lists every listed company with Bitcoin on its balance sheet. All free, with up-to-date data.
Do I need to sign up to use the tools?
No. All the analysis tools are freely accessible, with no sign-up or subscription. Only the Portfolio, which saves your personal position for tracking, requires a free account.