Cango (CANG) vs Strategy (MSTR)

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
MSTR
BTC holdings
4,679
815,061
Market value of BTC
$362.3M
$63.1B
Average cost per BTC
$75,577.00
Total cost basis
$59.0B
mNAV (market cap ÷ BTC value)
1.38×
1.19×
Sats per share
1.4k
250.1k
Last disclosed purchase
4/19/2026
Country
🇨🇳 CN
🇺🇸 US
CANG · recent purchases
No tracked purchases yet
MSTR · recent purchases
  • 4/19/2026+34,164$2.5B
  • 4/13/2026+13,927$1.0B
  • 4/6/2026+4,871$330.0M
  • 3/23/2026+1,031$77.0M
  • 3/16/2026+22,337$1.6B

CANG vs MSTR: frequently asked

Which company holds more Bitcoin, CANG or MSTR?

Strategy (MSTR) holds 815,061 BTC, compared to Cango's (CANG) 4,679 BTC.

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

CANG holds $362.3M worth of Bitcoin at current market prices. MSTR holds $63.1B.

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

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 MSTR last buy Bitcoin?

MSTR disclosed a 34,164 BTC purchase on April 19, 2026.