BTC-RIVERvsMSTR

River Financial Inc. vs Strategy

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
BTC-RIVER
MSTR
BTC holdings
21,314 BTC
818,334 BTC
Market value of BTC
$1.7B
$64.0B
Average cost per BTC
โ€”
$75,541.54
Total cost basis
โ€”
$59.6B
mNAV (market cap รท BTC value)
โ€”
0.90ร—
Sats per share
โ€”
250.6k
Last disclosed purchase
โ€”
4/27/2026
Country
๐Ÿ‡บ๐Ÿ‡ธ US
๐Ÿ‡บ๐Ÿ‡ธ US
BTC-RIVERยท recent BTC purchases
No tracked purchases yet
MSTRยท recent BTC purchases
  • 4/27/2026+3,273 BTC$255.0M
  • 4/19/2026+34,164 BTC$2.5B
  • 4/13/2026+13,927 BTC$1.0B
  • 4/6/2026+4,871 BTC$330.0M
  • 3/23/2026+1,031 BTC$77.0M

BTC-RIVER vs MSTR: frequently asked

Which company holds more Bitcoin, BTC-RIVER or MSTR?โ–พ

Strategy (MSTR) holds 818,334 BTC, compared to River Financial Inc.'s (BTC-RIVER) 21,314 BTC โ€” roughly 38.4ร— more.

What's the total Bitcoin value on the balance sheets of BTC-RIVER and MSTR?โ–พ

BTC-RIVER holds $1.7B worth of Bitcoin at current market prices. MSTR holds $64.0B.

Who has a lower cost basis per BTC, BTC-RIVER or MSTR?โ–พ

Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.

When did BTC-RIVER last buy Bitcoin?โ–พ

BTC-RIVER's last BTC purchase isn't in our tracked history yet.

When did MSTR last buy Bitcoin?โ–พ

MSTR disclosed a 3,273 BTC purchase on April 27, 2026.