GLXYvsBLSH
Galaxy Digital vs Bullish
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
GLXY
BLSH
BTC holdings
18,400 BTC
24,300 BTC
Market value of BTC
$1.4B
$1.9B
Average cost per BTC
$26,678.96
$82,438.52
Total cost basis
$195.4M
$2.0B
mNAV (market cap ÷ BTC value)
3.74×
3.12×
Sats per share
9.6k
16.1k
Last disclosed purchase
12/31/2025
9/30/2025
Country
🇺🇸 US
🇺🇸 US
- 12/31/2025+7,323 BTC$195.4M
- 9/30/2025+100 BTC$11.4M
- 6/30/2025+300 BTC$32.1M
- 3/31/2025+24,000 BTC$2.0B
GLXY vs BLSH: frequently asked
Which company holds more Bitcoin, GLXY or BLSH?▾
Bullish (BLSH) holds 24,300 BTC, compared to Galaxy Digital's (GLXY) 18,400 BTC — roughly 1.3× more.
What's the total Bitcoin value on the balance sheets of GLXY and BLSH?▾
GLXY holds $1.4B worth of Bitcoin at current market prices. BLSH holds $1.9B.
Who has a lower cost basis per BTC, GLXY or BLSH?▾
GLXY's average cost is $26,678.96 per BTC. BLSH's is $82,438.52. GLXY is the lower cost basis.
When did GLXY last buy Bitcoin?▾
GLXY disclosed a 7,323 BTC purchase on December 31, 2025.
When did BLSH last buy Bitcoin?▾
BLSH disclosed a 100 BTC purchase on September 30, 2025.