MARAvsGLXY
Marathon Digital 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.
MARA
Marathon Digital
🇺🇸 US
38,689 BTC
$3.0B market value
GLXY
Galaxy Digital
🇺🇸 US
18,400 BTC
$1.4B market value
Metric
MARA
GLXY
BTC holdings
38,689 BTC
18,400 BTC
Market value of BTC
$3.0B
$1.4B
Average cost per BTC
$88,236.14
$26,678.96
Total cost basis
$5.9B
$195.4M
mNAV (market cap ÷ BTC value)
1.44×
3.74×
Sats per share
10.2k
9.6k
Last disclosed purchase
3/2/2026
12/31/2025
Country
🇺🇸 US
🇺🇸 US
- 3/2/2026+860 BTC$150.0M
- 11/4/2025+860 BTC$20.9M
- 4/3/2025+1,226 BTC$103.0M
- 3/10/2025+715 BTC$62.5M
- 2/3/2025+766 BTC$74.9M
- 12/31/2025+7,323 BTC$195.4M
MARA vs GLXY: frequently asked
Which company holds more Bitcoin, MARA or GLXY?▾
Marathon Digital (MARA) holds 38,689 BTC, compared to Galaxy Digital's (GLXY) 18,400 BTC — roughly 2.1× more.
What's the total Bitcoin value on the balance sheets of MARA and GLXY?▾
MARA holds $3.0B worth of Bitcoin at current market prices. GLXY holds $1.4B.
Who has a lower cost basis per BTC, MARA or GLXY?▾
MARA's average cost is $88,236.14 per BTC. GLXY's is $26,678.96. GLXY is the lower cost basis.
When did MARA last buy Bitcoin?▾
MARA disclosed a 860 BTC purchase on March 2, 2026.
When did GLXY last buy Bitcoin?▾
GLXY disclosed a 7,323 BTC purchase on December 31, 2025.