TSLAvsBLSH
Tesla vs Bullish
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
TSLA
BLSH
BTC holdings
11,509 BTC
24,300 BTC
Market value of BTC
$902.2M
$1.9B
Average cost per BTC
$34,419.52
$82,438.52
Total cost basis
$1.5B
$2.0B
mNAV (market cap ÷ BTC value)
1626.94×
3.11×
Sats per share
306
16.1k
Last disclosed purchase
12/31/2024
9/30/2025
Country
🇺🇸 US
🇺🇸 US
- 12/31/2024+1,789 BTC$48.5M
- 2/8/2021+43,200 BTC$1.5B
- 9/30/2025+100 BTC$11.4M
- 6/30/2025+300 BTC$32.1M
- 3/31/2025+24,000 BTC$2.0B
TSLA vs BLSH: frequently asked
Which company holds more Bitcoin, TSLA or BLSH?▾
Bullish (BLSH) holds 24,300 BTC, compared to Tesla's (TSLA) 11,509 BTC — roughly 2.1× more.
What's the total Bitcoin value on the balance sheets of TSLA and BLSH?▾
TSLA holds $902.2M worth of Bitcoin at current market prices. BLSH holds $1.9B.
Who has a lower cost basis per BTC, TSLA or BLSH?▾
TSLA's average cost is $34,419.52 per BTC. BLSH's is $82,438.52. TSLA is the lower cost basis.
When did TSLA last buy Bitcoin?▾
TSLA disclosed a 1,789 BTC purchase on December 31, 2024.
When did BLSH last buy Bitcoin?▾
BLSH disclosed a 100 BTC purchase on September 30, 2025.