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FRMO Corp.

#93 in Public Companies 🇺🇸 United States FRMO

Bitcoin Holdings

FRMO Corp. held bitcoin since November 18, 2020.
BTC balance
159.1
$14.34M
Avg. cost / BTC
$25,124
Profit / Loss
+258.67%

Stock & Financials

FRMO Corp. is trading under the ticker FRMO.
Market Cap - Basic
$341M
Market Cap - Diluted
$341M
Enterprise value
$204M
mNAV Basic
23.797
mNAV Diluted
23.801
mNAV EV
14.262

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.

FRMO’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, FRMO’s entry into the Bitcoin space underscores the growing acceptance of digital assets among institutional investors. The company’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.

Recent Developments

FRMO Corp. has made notable moves regarding its Bitcoin holdings in recent years. Here are the latest Bitcoin-related activities:

  • September 14, 2022: FRMO Corp. added 62.84 BTC to its balance sheet, marking a significant step in its digital asset strategy.
  • September 14, 2022: No Bitcoin was removed from the company’s holdings on this date.

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. FRMO’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.

FRMO Corp. — Bitcoin Holdings Over Time

Historical Bitcoin Holdings

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Advanced Metrics

  • Advanced metrics data is sourced from contributors' submissions and various public data sources.
  • A faded value in the table means that it was carried forward from an earlier date and may be outdated.
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