Strategy (MSTR) vs Twenty One Capital (XXI)
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
XXI
BTC holdings
815,061
43,514
Market value of BTC
$63.6B
$3.4B
Average cost per BTC
$75,577.00
—
Total cost basis
$59.0B
—
mNAV (market cap ÷ BTC value)
1.18×
1.47×
Sats per share
250.1k
12.6k
Last disclosed purchase
4/19/2026
—
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
No tracked purchases yet
MSTR vs XXI: frequently asked
Which company holds more Bitcoin, MSTR or XXI?▾
Strategy (MSTR) holds 815,061 BTC, compared to Twenty One Capital's (XXI) 43,514 BTC — roughly 18.7× more.
What's the total Bitcoin value on the balance sheets of MSTR and XXI?▾
MSTR holds $63.6B worth of Bitcoin at current market prices. XXI holds $3.4B.
Who has a lower cost basis per Bitcoin, MSTR or XXI?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a 34,164 BTC purchase on April 19, 2026.
When did XXI last buy Bitcoin?▾
XXI's last BTC purchase isn't in our tracked history yet.