Strategy (MSTR) vs Riot Platforms (RIOT)
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
MSTR
RIOT
BTC holdings
815,061
15,680
Market value of BTC
$63.6B
$1.2B
Average cost per BTC
$75,577.00
$59,000.00
Total cost basis
$59.0B
$925.1M
mNAV (market cap ÷ BTC value)
1.18×
2.45×
Sats per share
250.1k
4.1k
Last disclosed purchase
4/19/2026
4/9/2025
Country
🇺🇸 US
🇺🇸 US
- 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
- 4/9/2025+531$44.6M
- 3/21/2025+471$40.6M
- 1/30/2025+701$66.6M
- 1/7/2025+293$27.4M
- 12/12/2024+5,117$510.0M
MSTR vs RIOT: frequently asked
Which company holds more Bitcoin, MSTR or RIOT?▾
Strategy (MSTR) holds 815,061 BTC, compared to Riot Platforms's (RIOT) 15,680 BTC — roughly 52.0× more.
What's the total Bitcoin value on the balance sheets of MSTR and RIOT?▾
MSTR holds $63.6B worth of Bitcoin at current market prices. RIOT holds $1.2B.
Who has a lower cost basis per Bitcoin, MSTR or RIOT?▾
MSTR's average cost is $75,577.00 per BTC. RIOT's is $59,000.00. RIOT is the lower cost basis.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a 34,164 BTC purchase on April 19, 2026.
When did RIOT last buy Bitcoin?▾
RIOT disclosed a 531 BTC purchase on April 9, 2025.