Bullish (BLSH) vs Metaplanet (TYO:3350)
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
BLSH
TYO:3350
BTC holdings
24,300
40,177
Market value of BTC
$1.9B
$3.1B
Average cost per BTC
—
$97,600.00
Total cost basis
—
$3.9B
mNAV (market cap ÷ BTC value)
1.05×
1.28×
Sats per share
16.1k
4.5k
Last disclosed purchase
—
3/31/2026
Country
🇺🇸 US
🇯🇵 JP
No tracked purchases yet
- 3/31/2026+5,075$405.5M
- 12/29/2025+4,279$447.9M
- 9/29/2025+5,268$623.3M
- 9/19/2025+5,419$632.5M
- 9/5/2025+136$15.2M
BLSH vs TYO:3350: frequently asked
Which company holds more Bitcoin, BLSH or TYO:3350?▾
Metaplanet (TYO:3350) holds 40,177 BTC, compared to Bullish's (BLSH) 24,300 BTC.
What's the total Bitcoin value on the balance sheets of BLSH and TYO:3350?▾
BLSH holds $1.9B worth of Bitcoin at current market prices. TYO:3350 holds $3.1B.
Who has a lower cost basis per Bitcoin, BLSH or TYO:3350?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BLSH last buy Bitcoin?▾
BLSH's last BTC purchase isn't in our tracked history yet.
When did TYO:3350 last buy Bitcoin?▾
TYO:3350 disclosed a 5,075 BTC purchase on March 31, 2026.