726,516 sats
$1,000 of SMH = 1.656 shares = 1,203,080 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 0.37, beta 0.33, and 48% a year of volatility in sats versus 45% for bitcoin in dollars.
| Window | Corr | Beta | Sats vol | Own vol | In sats | Score |
|---|---|---|---|---|---|---|
| 30D | 0.45 | 0.38 | 37% | 28% | +1.60% | 28 |
| 90D | 0.31 | 0.33 | 44% | 36% | -22.30% | 21 |
| 1Y | 0.37 | 0.33 | 48% | 37% | +165.15% | 23 |
| 3Y | 0.20 | 0.15 | 51% | 33% | +40.15% | 11 |
| 5Y | 0.25 | 0.16 | 53% | 32% |
SMH in USDBTC in USDSMH in sats
All three start at 100. Flat orange line = moves exactly with bitcoin.
SMH last trade Oct 9, 2026, 14:17 UTC (15-min delayed) · BTC/USD $83,120 at Oct 9, 2026, 14:33 UTC
| 14 |