TSLAvsMARA

Tesla vs Marathon Digital

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
MARA
BTC holdings
11,509 BTC
38,689 BTC
Market value of BTC
$902.2M
$3.0B
Average cost per BTC
$34,419.52
$88,236.14
Total cost basis
$1.5B
$5.9B
mNAV (market cap ÷ BTC value)
1626.94×
1.44×
Sats per share
306
10.2k
Last disclosed purchase
12/31/2024
3/2/2026
Country
🇺🇸 US
🇺🇸 US
TSLA· recent BTC purchases
  • 12/31/2024+1,789 BTC$48.5M
  • 2/8/2021+43,200 BTC$1.5B
MARA· recent BTC purchases
  • 3/2/2026+860 BTC$150.0M
  • 11/4/2025+860 BTC$20.9M
  • 4/3/2025+1,226 BTC$103.0M
  • 3/10/2025+715 BTC$62.5M
  • 2/3/2025+766 BTC$74.9M

TSLA vs MARA: frequently asked

Which company holds more Bitcoin, TSLA or MARA?

Marathon Digital (MARA) holds 38,689 BTC, compared to Tesla's (TSLA) 11,509 BTC — roughly 3.4× more.

What's the total Bitcoin value on the balance sheets of TSLA and MARA?

TSLA holds $902.2M worth of Bitcoin at current market prices. MARA holds $3.0B.

Who has a lower cost basis per BTC, TSLA or MARA?

TSLA's average cost is $34,419.52 per BTC. MARA's is $88,236.14. 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 MARA last buy Bitcoin?

MARA disclosed a 860 BTC purchase on March 2, 2026.