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BITCOIN HOLDINGSHODLING CONVICTION INDEXBTC-BETAMARKET CAP VS BITCOIN NAVAMPLIFICATIONBITCOIN TREASURY HEATMAPFILINGS & PRESSPUBLIC PREFERRED SHARESBITCOIN EXPOSURE CALCULATORINSIDER TRANSACTIONSSTORIESBITCOIN TREASURY DICTIONARYBITCOIN BLOCK EXPLORERBITCOIN HOLDINGSHODLING CONVICTION INDEXBTC-BETAMARKET CAP VS BITCOIN NAVAMPLIFICATIONBITCOIN TREASURY HEATMAPFILINGS & PRESSPUBLIC PREFERRED SHARESBITCOIN EXPOSURE CALCULATORINSIDER TRANSACTIONSSTORIESBITCOIN TREASURY DICTIONARYBITCOIN BLOCK EXPLORER

BTC-Beta: Which Bitcoin Treasury Stocks Amplify Bitcoin the Most

Which stocks have historically amplified Bitcoin moves the most on average?

BTC return over window

-1.2%

BTC annualised volatility

37%

Window

2026-02-23 → 2026-07-12

BTC-beta ranking

Sorted by beta descending. Click a row to open the company page. Hover any column header or number for a plain-language explanation. Rows tinted grey indicate low correlation (R2 well under 0.30): the beta figure is noise-dominated, not a reliable amplification estimate.

1 ASST Strive 1.99 0.81 0.65 98% +67.9% 95 2 MSTR Strategy 1.57 0.81 0.66 77% -23.5% 95 3 MPJPY Metaplanet Inc. 1.52 0.74 0.55 79% -17.3% 93 4 XXI Twenty One Capital 1.33 0.78 0.60 68% -12.5% 95 5 BTCT Bitcoin Treasury Corp 1.22 0.55 0.30 88% -18.2% 96 6 BLSH Bullish 1.21 0.65 0.42 74% -20.9% 95 7 NAKA Nakamoto Inc 1.19 0.48 0.23 97% -60.9% 95 8 ALCPB Capital B 1.13 0.70 0.50 72% -22.9% 96 9 DEFI DeFi Technologies 1.01 0.98 0.95 42% -0.8% 95 10 HODL B HODL 1.01 0.98 0.95 41% -0.8% 95 11 SWC The Smarter Web Company PLC 1.00 0.62 0.38 73% -2.1% 95 12 MARA MARA Holdings, Inc. 0.95 0.49 0.24 77% +59.9% 95 13 BRR ProCap Financial 0.68 0.27 0.07 100% -39.7% 95 14 BTCB Bitcoin Treasury Capital 0.43 0.41 0.17 48% -3.7% 94 15 K33 K33 AB 0.22 0.07 0.01 140% +50.0% 94

How it is computed

For each stock we take split- and dividend-adjusted daily closing prices covering roughly the last 90 trading days. Each stock close is paired with the Bitcoin close at the same instant (Bitcoin trades 24/7, so the exact hour of each exchange session end is used to avoid cross-timezone drift). Both series are converted to daily log-returns and fed through a simple univariate linear regression against Bitcoin:

beta = Cov(r_stock, r_btc) / Var(r_btc). Pearson correlation rho is computed from the same series and R-squared is rho^2: the share of the stock's daily variance that a linear Bitcoin relationship explains. Annualised realised volatility is stdev(r) * sqrt(252). A minimum of 60 aligned trading days is required; otherwise the ticker is dropped from this run. The ranking refreshes once every 24 hours.

Beta describes an average historical slope, not a fixed rule. When rho is close to zero the beta figure is noise-dominated: K33 with rho 0.07 has R-squared of about 0.005, meaning Bitcoin explains under 1% of its daily variance. This page is informational and is not financial advice. Historical beta does not predict future moves.

Updated