FRMO Corp.

๐Ÿ‡บ๐Ÿ‡ธUnited States
FRMO
Holding bitcoin since Sep 14, 2022
Website

BTC Holdings

62.84

Share Price
$9.65

Current trading price per share

Market Cap
$424.8M

Total market capitalization

Enterprise Value
$189.8M

Market cap plus debt minus cash

NAV Multiple
56.549

Net Asset Value multiplier

BTC / Market Cap
1.77%

Bitcoin holdings as % of market cap

About FRMO Corp.
FRMO Corp. (NASDAQ: FRMO) is a publicly traded company based in the United States, known for its innovative approach to investment management and its willingness to explore emerging asset classes. Founded with a focus on generating shareholder value through strategic investments, FRMO operates as a diversified holding company. Its business model centers on identifying unique opportunities across traditional and alternative markets, leveraging deep research and a forward-thinking mindset.
In recent years, FRMO Corp. has demonstrated a growing interest in Bitcoin as part of its broader investment thesis. The company views Bitcoin not only as a potential store of value but also as a hedge against macroeconomic uncertainty and fiat currency debasement. By allocating a portion of its treasury to Bitcoin, FRMO signals confidence in the long-term viability of digital assets and blockchain technology. This move aligns with a broader trend among public companies seeking to diversify their balance sheets and capture upside from the evolving digital economy.
FRMOโ€™s position in the market is significant due to its reputation for prudent capital allocation and its willingness to embrace innovation. While not among the largest Bitcoin holders, FRMOโ€™s entry into the Bitcoin space underscores the growing acceptance of digital assets among institutional investors. The companyโ€™s actions are closely watched by both traditional finance professionals and the crypto community, as they reflect a thoughtful, research-driven approach to Bitcoin adoption.
FRMO Corp. has made notable moves regarding its Bitcoin holdings in recent years. Here are the latest Bitcoin-related activities:
As of April 2025, there have been no public disclosures of additional Bitcoin purchases or sales by FRMO Corp. since the September 2022 transaction. The company continues to provide updates through its official information statements and announcements, ensuring transparency for shareholders and market observers. FRMOโ€™s ongoing commitment to Bitcoin as a treasury asset highlights its belief in the long-term potential of the cryptocurrency, even as market conditions fluctuate.
By maintaining its Bitcoin position, FRMO Corp. remains an example of a forward-looking public company integrating digital assets into its broader investment strategy, reflecting both confidence in the asset class and a desire to stay ahead of financial innovation trends.

Recent Developments

  • Sep 14, 2022: Bitcoin holdings increased by 62.84 BTC to 62.84 BTC with cost basis of $20.2K (BTC @ $9.5)
FRMO Corp. โ€” Bitcoin Holdings Over Time
September 14, 2022 - Present
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FRMO Corp. โ€” Stock vs BTC Dynamics
September 14, 2022 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Sep 14, 2022
โ‚ฟ62.84
62.84
$20.2K$9.5โ€”