GLXYvsMSTR

Galaxy Digital vs Strategy

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
MSTR
BTC holdings
18,400 BTC
818,334 BTC
Market value of BTC
$1.4B
$64.1B
Average cost per BTC
$26,678.96
$75,541.54
Total cost basis
$195.4M
$59.6B
mNAV (market cap ÷ BTC value)
3.74×
0.90×
Sats per share
9.6k
250.6k
Last disclosed purchase
12/31/2025
4/27/2026
Country
🇺🇸 US
🇺🇸 US
GLXY· recent BTC purchases
  • 12/31/2025+7,323 BTC$195.4M
MSTR· recent BTC purchases
  • 4/27/2026+3,273 BTC$255.0M
  • 4/19/2026+34,164 BTC$2.5B
  • 4/13/2026+13,927 BTC$1.0B
  • 4/6/2026+4,871 BTC$330.0M
  • 3/23/2026+1,031 BTC$77.0M

GLXY vs MSTR: frequently asked

Which company holds more Bitcoin, GLXY or MSTR?

Strategy (MSTR) holds 818,334 BTC, compared to Galaxy Digital's (GLXY) 18,400 BTC — roughly 44.5× more.

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

GLXY holds $1.4B worth of Bitcoin at current market prices. MSTR holds $64.1B.

Who has a lower cost basis per BTC, GLXY or MSTR?

GLXY's average cost is $26,678.96 per BTC. MSTR's is $75,541.54. 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 MSTR last buy Bitcoin?

MSTR disclosed a 3,273 BTC purchase on April 27, 2026.