Entity Realized Price
Average purchase price per BTC — the entity's effective entry point into Bitcoin.
| Property | Value |
|---|---|
| Category | Digital Asset Treasuries |
| Unit | USD |
| Resolution | 1d |
| Assets | BTC |
| Tier | Pro |
| API Endpoint | GET /v1/dat/entity |
| Field | realized_price |
Overview
Entity Realized Price is the volume-weighted average price at which a specific entity — corporation, fund, or government — acquired its Bitcoin holdings. It represents the entity's effective cost per BTC, derived from publicly disclosed purchase transactions, SEC filings, and on-chain analysis.
This is the entity-level equivalent of Bitcoin's network-wide Realized Price, but isolated to a single institutional holder.
Interpretation
- Realized Price < Spot Price: The entity is in unrealized profit. The wider the gap, the larger the paper gain.
- Realized Price > Spot Price: The entity is underwater — average purchase price exceeds market value. May trigger impairment charges for public companies.
- Rising Realized Price: Entity buying at higher prices (DCA-ing up), indicating conviction.
- Falling Realized Price: Entity accumulated at lower prices historically, or is buying dips.
For publicly traded companies (Strategy, MARA, Riot), realized price is critical for equity analysis: if BTC drops below it, balance sheet impairment risk increases.
Use Cases
- Profitability analysis: Compare entity realized price to BTC spot price to assess unrealized P/L
- Strategy evaluation: Track how DCA strategy evolves — buying tops or dips?
- Peer comparison: Compare realized prices across entities (Strategy vs MARA vs Tesla)
- Risk assessment: Entities with realized price near spot face drawdown risk
- Charting: Plot alongside BTC Price to visualize when the entity is in profit vs loss
Data Source
Derived from SEC filings (10-Q, 10-K, 8-K), press releases, Bitcoin Treasuries, and CoinGecko corporate holdings database.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/dat/entity?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- DAT Entity BTC Holdings — Per-entity BTC holdings over time
- Entity Cost Basis — Total dollars spent acquiring Bitcoin — the entity's aggregate investment in BTC.
- DAT Entity USD Value — Per-entity BTC USD value over time
- Price — BTC market price