HODLvsBSTR
VanEck Bitcoin Trust 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.
HODL
VanEck Bitcoin Trust
🇨🇦 CA
20,000 BTC
$1.6B market value
BSTR
Bitcoin Standard Treasury
🇺🇸 US
30,021 BTC
$2.4B market value
Metric
HODL
BSTR
BTC holdings
20,000 BTC
30,021 BTC
Market value of BTC
$1.6B
$2.4B
Average cost per BTC
$77,840.04
$118,000.00
Total cost basis
$2.1B
$3.5B
mNAV (market cap ÷ BTC value)
—
1.23×
Sats per share
—
30.0k
Last disclosed purchase
4/23/2026
7/22/2025
Country
🇨🇦 CA
🇺🇸 US
- 4/23/2026+50 BTC$3.9M
- 4/20/2026+85 BTC$6.3M
- 4/15/2026+85 BTC$6.3M
- 4/13/2026+35 BTC$2.5M
- 4/10/2026+28 BTC$2.0M
- 7/22/2025+30,021 BTC$3.5B
HODL vs BSTR: frequently asked
Which company holds more Bitcoin, HODL or BSTR?▾
Bitcoin Standard Treasury (BSTR) holds 30,021 BTC, compared to VanEck Bitcoin Trust's (HODL) 20,000 BTC — roughly 1.5× more.
What's the total Bitcoin value on the balance sheets of HODL and BSTR?▾
HODL holds $1.6B worth of Bitcoin at current market prices. BSTR holds $2.4B.
Who has a lower cost basis per BTC, HODL or BSTR?▾
HODL's average cost is $77,840.04 per BTC. BSTR's is $118,000.00. HODL is the lower cost basis.
When did HODL last buy Bitcoin?▾
HODL disclosed a 50 BTC purchase on April 23, 2026.
When did BSTR last buy Bitcoin?▾
BSTR disclosed a 30,021 BTC purchase on July 22, 2025.