CleanSpark (CLSK) 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
CLSK
MARA
BTC holdings
13,099
38,689
Market value of BTC
$1.0B
$3.0B
Average cost per BTC
$70,069.00
Total cost basis
$5.9B
mNAV (market cap ÷ BTC value)
2.94×
1.66×
Sats per share
5.1k
10.2k
Last disclosed purchase
3/2/2026
Country
🇺🇸 US
🇺🇸 US
CLSK · 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

CLSK vs MARA: frequently asked

Which company holds more Bitcoin, CLSK or MARA?

Marathon Digital (MARA) holds 38,689 BTC, compared to CleanSpark's (CLSK) 13,099 BTC.

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

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

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

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

When did CLSK last buy Bitcoin?

CLSK'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.