Metaplanet (TYO:3350) vs Marathon Digital (MARA)
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
TYO:3350
MARA
BTC holdings
40,177
38,689
Market value of BTC
$3.1B
$3.0B
Average cost per BTC
$97,600.00
$70,069.00
Total cost basis
$3.9B
$5.9B
mNAV (market cap ÷ BTC value)
1.28×
1.66×
Sats per share
4.5k
10.2k
Last disclosed purchase
3/31/2026
3/2/2026
Country
🇯🇵 JP
🇺🇸 US
- 3/31/2026+5,075$405.5M
- 12/29/2025+4,279$447.9M
- 9/29/2025+5,268$623.3M
- 9/19/2025+5,419$632.5M
- 9/5/2025+136$15.2M
- 3/2/2026+860$150.0M
- 11/4/2025+860$20.9M
- 4/3/2025+1,226$103.0M
- 3/10/2025+715$62.5M
- 2/3/2025+766$74.9M
TYO:3350 vs MARA: frequently asked
Which company holds more Bitcoin, TYO:3350 or MARA?▾
Metaplanet (TYO:3350) holds 40,177 BTC, compared to Marathon Digital's (MARA) 38,689 BTC — roughly 1.0× more.
What's the total Bitcoin value on the balance sheets of TYO:3350 and MARA?▾
TYO:3350 holds $3.1B worth of Bitcoin at current market prices. MARA holds $3.0B.
Who has a lower cost basis per Bitcoin, TYO:3350 or MARA?▾
TYO:3350's average cost is $97,600.00 per BTC. MARA's is $70,069.00. MARA is the lower cost basis.
When did TYO:3350 last buy Bitcoin?▾
TYO:3350 disclosed a 5,075 BTC purchase on March 31, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a 860 BTC purchase on March 2, 2026.