COINvsGLXY
Coinbase vs Galaxy Digital
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
COIN
GLXY
BTC holdings
14,548 BTC
18,400 BTC
Market value of BTC
$1.1B
$1.4B
Average cost per BTC
$66,004.31
$26,678.96
Total cost basis
$1.0B
$195.4M
mNAV (market cap ÷ BTC value)
37.45×
3.74×
Sats per share
6.5k
9.6k
Last disclosed purchase
2/12/2026
12/31/2025
Country
🇺🇸 US
🇺🇸 US
- 2/12/2026+841 BTC$75.0M
- 10/30/2025+2,682 BTC$300.0M
- 7/30/2025+2,509 BTC$222.0M
- 5/9/2025+267 BTC$25.4M
- 12/31/2022+1,127 BTC$23.7M
- 12/31/2025+7,323 BTC$195.4M
COIN vs GLXY: frequently asked
Which company holds more Bitcoin, COIN or GLXY?▾
Galaxy Digital (GLXY) holds 18,400 BTC, compared to Coinbase's (COIN) 14,548 BTC — roughly 1.3× more.
What's the total Bitcoin value on the balance sheets of COIN and GLXY?▾
COIN holds $1.1B worth of Bitcoin at current market prices. GLXY holds $1.4B.
Who has a lower cost basis per BTC, COIN or GLXY?▾
COIN's average cost is $66,004.31 per BTC. GLXY's is $26,678.96. GLXY is the lower cost basis.
When did COIN last buy Bitcoin?▾
COIN disclosed a 841 BTC purchase on February 12, 2026.
When did GLXY last buy Bitcoin?▾
GLXY disclosed a 7,323 BTC purchase on December 31, 2025.