QBTCBV.TSXvsMARA

3iQ The Bitcoin Fund vs Marathon Digital

Side-by-side Bitcoin treasury comparison: holdings, market cap, mNAV ratio, BTC per share, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.

Metric
QBTCBV.TSX
MARA
BTC holdings
13,000 BTC
38,689 BTC
Market value of BTC
$1.0B
$3.0B
Average cost per BTC
β€”
$88,236.14
Total cost basis
β€”
$5.9B
mNAV (market cap Γ· BTC value)
β€”
1.44Γ—
Sats per share
β€”
10.2k
Last disclosed purchase
β€”
3/2/2026
Country
πŸ‡¨πŸ‡¦ CA
πŸ‡ΊπŸ‡Έ US
QBTCBV.TSXΒ· recent BTC purchases
No tracked purchases yet
MARAΒ· recent BTC purchases
  • 3/2/2026+860 BTC$150.0M
  • 11/4/2025+860 BTC$20.9M
  • 4/3/2025+1,226 BTC$103.0M
  • 3/10/2025+715 BTC$62.5M
  • 2/3/2025+766 BTC$74.9M

QBTCBV.TSX vs MARA: frequently asked

Which company holds more Bitcoin, QBTCBV.TSX or MARA?β–Ύ

Marathon Digital (MARA) holds 38,689 BTC, compared to 3iQ The Bitcoin Fund's (QBTCBV.TSX) 13,000 BTC β€” roughly 3.0Γ— more.

What's the total Bitcoin value on the balance sheets of QBTCBV.TSX and MARA?β–Ύ

QBTCBV.TSX holds $1.0B worth of Bitcoin at current market prices. MARA holds $3.0B.

Who has a lower cost basis per BTC, QBTCBV.TSX or MARA?β–Ύ

Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.

When did QBTCBV.TSX last buy Bitcoin?β–Ύ

QBTCBV.TSX's last BTC purchase isn't in our tracked history yet.

When did MARA last buy Bitcoin?β–Ύ

MARA disclosed a 860 BTC purchase on March 2, 2026.