BLSHvsTSLA

Bullish vs Tesla

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
TSLA
BTC holdings
24,300 BTC
11,509 BTC
Market value of BTC
$1.9B
$902.2M
Average cost per BTC
$82,438.52
$34,419.52
Total cost basis
$2.0B
$1.5B
mNAV (market cap ÷ BTC value)
3.11×
1626.94×
Sats per share
16.1k
306
Last disclosed purchase
9/30/2025
12/31/2024
Country
🇺🇸 US
🇺🇸 US
BLSH· recent BTC purchases
  • 9/30/2025+100 BTC$11.4M
  • 6/30/2025+300 BTC$32.1M
  • 3/31/2025+24,000 BTC$2.0B
TSLA· recent BTC purchases
  • 12/31/2024+1,789 BTC$48.5M
  • 2/8/2021+43,200 BTC$1.5B

BLSH vs TSLA: frequently asked

Which company holds more Bitcoin, BLSH or TSLA?

Bullish (BLSH) holds 24,300 BTC, compared to Tesla's (TSLA) 11,509 BTC — roughly 2.1× more.

What's the total Bitcoin value on the balance sheets of BLSH and TSLA?

BLSH holds $1.9B worth of Bitcoin at current market prices. TSLA holds $902.2M.

Who has a lower cost basis per BTC, BLSH or TSLA?

BLSH's average cost is $82,438.52 per BTC. TSLA's is $34,419.52. TSLA is the lower cost basis.

When did BLSH last buy Bitcoin?

BLSH disclosed a 100 BTC purchase on September 30, 2025.

When did TSLA last buy Bitcoin?

TSLA disclosed a 1,789 BTC purchase on December 31, 2024.