602,761 sats
$1,000 of FN = 2.001 shares = 1,206,076 sats
Times in UTC
Barely related to bitcoin: in sats it swings about as much as bitcoin does in dollars. Over 1 year (daily returns): correlation 0.21, beta 0.35, and 80% a year of volatility in sats versus 45% for bitcoin in dollars.
| Window | Corr | Beta | Sats vol | Own vol | In sats | Score |
|---|---|---|---|---|---|---|
| 30D | 0.14 | 0.22 | 64% | 57% | +12.37% | 12 |
| 90D | 0.06 | 0.14 | 86% | 80% | -19.14% | 7 |
| 1Y | 0.21 | 0.35 | 80% | 74% | +92.05% | 19 |
| 3Y | 0.02 | 0.02 | 70% | 55% | -5.07% | 1 |
| 5Y | 0.05 | 0.05 | 71% | 52% |
FN in USDBTC in USDFN in sats
All three start at 100. Flat orange line = moves exactly with bitcoin.
FN last trade Oct 9, 2026, 12:38 UTC (15-min delayed) · BTC/USD $82,914 at Oct 9, 2026, 12:58 UTC
| 4 |