Cango (CANG) vs Marathon Digital (MARA)

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
CANG
MARA
BTC holdings
4,679
38,689
Market value of BTC
$362.3M
$3.0B
Average cost per BTC
$70,069.00
Total cost basis
$5.9B
mNAV (market cap ÷ BTC value)
1.38×
1.67×
Sats per share
1.4k
10.2k
Last disclosed purchase
3/2/2026
Country
🇨🇳 CN
🇺🇸 US
CANG · recent purchases
No tracked purchases yet
MARA · recent purchases
  • 3/2/2026+860$150.0M
  • 11/4/2025+860$20.9M
  • 4/3/2025+1,226$103.0M
  • 3/10/2025+715$62.5M
  • 2/3/2025+766$74.9M

CANG vs MARA: frequently asked

Which company holds more Bitcoin, CANG or MARA?

Marathon Digital (MARA) holds 38,689 BTC, compared to Cango's (CANG) 4,679 BTC.

What's the total Bitcoin value on the balance sheets of CANG and MARA?

CANG holds $362.3M worth of Bitcoin at current market prices. MARA holds $3.0B.

Who has a lower cost basis per Bitcoin, CANG or MARA?

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

When did CANG last buy Bitcoin?

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

When did MARA last buy Bitcoin?

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