268,837 sats
$1,000 of HWM = 4.484 shares = 1,205,495 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 0.16, and 51% a year of volatility in sats versus 45% for bitcoin in dollars.
| Window | Corr | Beta | Sats vol | Own vol | In sats | Score |
|---|---|---|---|---|---|---|
| 30D | 0.22 | 0.14 | 39% | 23% | -7.73% | 12 |
| 90D | 0.00 | 0.00 | 53% | 39% | -35.76% | 0 |
| 1Y | 0.21 | 0.16 | 51% | 33% | +75.47% | 12 |
| 3Y | 0.12 | 0.08 | 52% | 32% | +65.80% | 7 |
| 5Y | 0.18 | 0.11 | 54% | 30% |
HWM in USDBTC in USDHWM in sats
All three start at 100. Flat orange line = moves exactly with bitcoin.
HWM last trade Oct 9, 2026, 08:29 UTC (15-min delayed) · BTC/USD $82,954 at Oct 9, 2026, 12:59 UTC
| 10 |