XBTEvsBSTR
CoinShares / XBT Provider vs Bitcoin Standard Treasury
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.
XBTE
CoinShares / XBT Provider
🇨🇭 CH
48,466 BTC
$3.8B market value
BSTR
Bitcoin Standard Treasury
🇺🇸 US
30,021 BTC
$2.3B market value
Metric
XBTE
BSTR
BTC holdings
48,466 BTC
30,021 BTC
Market value of BTC
$3.8B
$2.3B
Average cost per BTC
—
$118,000.00
Total cost basis
—
$3.5B
mNAV (market cap ÷ BTC value)
—
1.28×
Sats per share
—
30.0k
Last disclosed purchase
—
7/22/2025
Country
🇨🇭 CH
🇺🇸 US
No tracked purchases yet
- 7/22/2025+30,021 BTC$3.5B
XBTE vs BSTR: frequently asked
Which company holds more Bitcoin, XBTE or BSTR?▾
CoinShares / XBT Provider (XBTE) holds 48,466 BTC, compared to Bitcoin Standard Treasury's (BSTR) 30,021 BTC — roughly 1.6× more.
What's the total Bitcoin value on the balance sheets of XBTE and BSTR?▾
XBTE holds $3.8B worth of Bitcoin at current market prices. BSTR holds $2.3B.
Who has a lower cost basis per BTC, XBTE or BSTR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did XBTE last buy Bitcoin?▾
XBTE's last BTC purchase isn't in our tracked history yet.
When did BSTR last buy Bitcoin?▾
BSTR disclosed a 30,021 BTC purchase on July 22, 2025.