Banxa Holdings Inc.
BTC Holdings
136
Share Price
$0.86
Current trading price per share
Market Cap
$40.2M
Total market capitalization
Enterprise Value
$55.3M
Market cap plus debt minus cash
NAV Multiple
2.474
Net Asset Value multiplier
BTC / Market Cap
40.42%
Bitcoin holdings as % of market cap
About Banxa Holdings Inc.
Banxa Holdings Inc., traded under the ticker BNXAF, is a leading payment service provider and RegTech platform for the digital assets industry, headquartered in Melbourne, Australia. Founded in 2014 as BTC Corporation Holdings Pty Ltd, it began as a Bitcoin miner and B2C business before pivoting to fiat-to-crypto infrastructure. Its business model centers on facilitating seamless conversions between traditional currencies and cryptocurrencies for exchanges and wallets worldwide. Core operations include processing local transactions, offering on/off-ramp solutions, and ensuring regulatory compliance to support embedded crypto services for Web3 brands and projects.
Banxa incorporates Bitcoin into its treasury strategy, holding it as a reserve asset to diversify its financial portfolio and enhance resilience in the volatile digital economy. This aligns with its broader digital asset strategy, which emphasizes treasury management solutions for clients, including liquidity optimization, risk mitigation, and automated operations via blockchain integration. By focusing on secure, compliant tools, Banxa enables efficient handling of cryptocurrencies beyond mere transactions.
Led by Co-CEOs Holger Arians and Zafer Qureshi, experts in fintech and crypto infrastructure, Banxa maintains a prominent industry presence through partnerships with global exchanges and its role in powering crypto adoption. The leadership drives innovation in regulated digital finance, positioning the company as a key enabler in the sector. By bridging fiat and blockchain ecosystems, Banxa secures long-term relevance in the evolving landscape of decentralized payments.
Recent Developments
- Sep 14, 2022: Bitcoin holdings increased by 136.00 BTC to 136 BTC with cost basis of $20.2K (BTC @ $0.63)
Banxa Holdings Inc. β Bitcoin Holdings Over Time
September 14, 2022 - Present
Loading holdings data...
Banxa Holdings Inc. β Stock vs BTC Dynamics
September 14, 2022 - Present
Loading stock data...
Balance Sheet History
Similar Entities