Metaplanet (TYO:3350) vs Strategy (MSTR)

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
MSTR
BTC holdings
40,177
815,061
Market value of BTC
$3.1B
$63.6B
Average cost per BTC
$97,600.00
$75,577.00
Total cost basis
$3.9B
$59.0B
mNAV (market cap ÷ BTC value)
1.28×
1.18×
Sats per share
4.5k
250.1k
Last disclosed purchase
3/31/2026
4/19/2026
Country
🇯🇵 JP
🇺🇸 US
TYO:3350 · recent purchases
  • 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
MSTR · recent purchases
  • 4/19/2026+34,164$2.5B
  • 4/13/2026+13,927$1.0B
  • 4/6/2026+4,871$330.0M
  • 3/23/2026+1,031$77.0M
  • 3/16/2026+22,337$1.6B

TYO:3350 vs MSTR: frequently asked

Which company holds more Bitcoin, TYO:3350 or MSTR?

Strategy (MSTR) holds 815,061 BTC, compared to Metaplanet's (TYO:3350) 40,177 BTC.

What's the total Bitcoin value on the balance sheets of TYO:3350 and MSTR?

TYO:3350 holds $3.1B worth of Bitcoin at current market prices. MSTR holds $63.6B.

Who has a lower cost basis per Bitcoin, TYO:3350 or MSTR?

TYO:3350's average cost is $97,600.00 per BTC. MSTR's is $75,577.00. MSTR 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 MSTR last buy Bitcoin?

MSTR disclosed a 34,164 BTC purchase on April 19, 2026.