Intchains Group Limited
BTC Holdings
12.66
Total P&L
+57.82%
Total profit/loss on Bitcoin holdings
Average Cost per BTC
$74,793
Average price paid for each Bitcoin
Share Price
$3.18
Current trading price per share
Market Cap
$174M
Total market capitalization
Enterprise Value
$-327.4M
Market cap plus debt minus cash
NAV Multiple
115.737
Net Asset Value multiplier
BTC / Market Cap
0.86%
Bitcoin holdings as % of market cap
About Intchains Group Limited
Intchains Group Limited (NASDAQ: ICG) is a publicly traded technology company based in China, recognized for its innovative approach in the semiconductor and blockchain sectors. The company specializes in the design and development of high-performance integrated circuits, with a particular focus on applications within blockchain technology and digital asset management. Intchains leverages its technical expertise to deliver solutions that power next-generation financial infrastructure, making it a notable player in the rapidly evolving digital economy.
In recent years, Intchains has adopted a forward-thinking Bitcoin strategy, viewing the cryptocurrency not only as a technological innovation but also as a strategic asset for long-term value preservation. By allocating a portion of its treasury to Bitcoin, Intchains demonstrates confidence in the asset’s potential to hedge against inflation and diversify its balance sheet. This move aligns with a growing trend among publicly listed companies globally, who are increasingly recognizing Bitcoin as a viable store of value and a means to participate in the broader digital asset ecosystem.
Intchains’ entry into Bitcoin holdings underscores its commitment to innovation and positions the company as a leader among Chinese technology firms exploring digital assets. With a disciplined investment thesis and a transparent approach to reporting, Intchains enhances its market reputation and signals its readiness to adapt to the changing landscape of global finance.
Intchains Group Limited’s continued investment in Bitcoin highlights the growing acceptance of digital assets among leading technology companies in China. By maintaining transparency and a clear strategic vision, Intchains sets a benchmark for other firms considering similar treasury diversification strategies.
Recent Developments
- Mar 31, 2025: Bitcoin holdings increased by 2.37 BTC to 12.66 BTC with cost basis of $946.9K (BTC @ $82.4K), stock price $2.93
- Dec 31, 2024: Bitcoin holdings increased by 10.29 BTC to 10.29 BTC with cost basis of $720.6K (BTC @ $93.6K), stock price $3.70
Intchains Group Limited — Bitcoin Holdings Over Time
December 31, 2024 - Present
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Intchains Group Limited — Stock vs BTC Dynamics
December 31, 2024 - Present
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Balance Sheet History
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