(WGMI) Valkyrie Bitcoin Miners - Overview
Etf: Mining Companies, Hardware, Software
| Risk 5d forecast | |
|---|---|
| Volatility | 99.2% |
| Relative Tail Risk | -3.49% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.07 |
| Alpha | 49.20 |
| Character TTM | |
|---|---|
| Beta | 2.313 |
| Beta Downside | 1.991 |
| Drawdowns 3y | |
|---|---|
| Max DD | 62.79% |
| CAGR/Max DD | 1.18 |
Description: WGMI Valkyrie Bitcoin Miners January 01, 2026
The Valkyrie Bitcoin Miners ETF (WGMI) is an actively-managed U.S. equity ETF that must allocate at least 80 % of its net assets-and any investment-purpose borrowings-to companies that generate ≥ 50 % of revenue or profit from Bitcoin mining or from supplying specialized chips, hardware, software, or services to miners. The fund expressly avoids direct Bitcoin holdings, Bitcoin-linked derivatives, and exposure to Bitcoin-holding funds or trusts, and it is classified as non-diversified under SEC rules.
Key sector drivers that will likely influence WGMI’s performance include Bitcoin price volatility (which directly impacts miners’ margins), global electricity costs (the primary operating expense for mining farms), and the pace of ASIC efficiency improvements (measured by hash-rate per watt). Recent data show that the aggregate Bitcoin mining margin averaged ≈ $1,200 per BTC in Q4 2023, while the total network hash-rate grew ≈ 15 % YoY, suggesting expanding capacity but also rising competition. Additionally, the ETF’s non-diversified status means that a single issuer can comprise up to 30 % of assets, amplifying concentration risk.
For a deeper quantitative breakdown of WGMI’s holdings and risk profile, you might explore ValueRay’s analytics platform.
What is the price of WGMI shares?
Over the past week, the price has changed by -10.28%, over one month by -10.14%, over three months by -28.51% and over the past year by +77.64%.
Is WGMI a buy, sell or hold?
What are the forecasts/targets for the WGMI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 58.4 | 44.5% |
WGMI Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 336.5m USD (336.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 336.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 336.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 14.44% (E(336.5m)/V(336.5m) * Re(14.44%) + (debt-free company))
Discount Rate = 14.44% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)