MARAvsTSLA
Marathon Digital vs Tesla
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
MARA
TSLA
BTC holdings
38,689 BTC
11,509 BTC
Market value of BTC
$3.0B
$902.2M
Average cost per BTC
$88,236.14
$34,419.52
Total cost basis
$5.9B
$1.5B
mNAV (market cap ÷ BTC value)
1.44×
1626.94×
Sats per share
10.2k
306
Last disclosed purchase
3/2/2026
12/31/2024
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
- 12/31/2024+1,789 BTC$48.5M
- 2/8/2021+43,200 BTC$1.5B
MARA vs TSLA: frequently asked
Which company holds more Bitcoin, MARA or TSLA?▾
Marathon Digital (MARA) holds 38,689 BTC, compared to Tesla's (TSLA) 11,509 BTC — roughly 3.4× more.
What's the total Bitcoin value on the balance sheets of MARA and TSLA?▾
MARA holds $3.0B worth of Bitcoin at current market prices. TSLA holds $902.2M.
Who has a lower cost basis per BTC, MARA or TSLA?▾
MARA's average cost is $88,236.14 per BTC. TSLA's is $34,419.52. TSLA is the lower cost basis.
When did MARA last buy Bitcoin?▾
MARA disclosed a 860 BTC purchase on March 2, 2026.
When did TSLA last buy Bitcoin?▾
TSLA disclosed a 1,789 BTC purchase on December 31, 2024.