Twenty One Capital (XXI) 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
XXI
RIOT
BTC holdings
43,514
15,680
Market value of BTC
$3.4B
$1.2B
Average cost per BTC
$59,000.00
Total cost basis
$925.1M
mNAV (market cap ÷ BTC value)
1.47×
2.45×
Sats per share
12.6k
4.1k
Last disclosed purchase
4/9/2025
Country
🇺🇸 US
🇺🇸 US
XXI · recent purchases
No tracked purchases yet
RIOT · recent purchases
  • 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

XXI vs RIOT: frequently asked

Which company holds more Bitcoin, XXI or RIOT?

Twenty One Capital (XXI) holds 43,514 BTC, compared to Riot Platforms's (RIOT) 15,680 BTC — roughly 2.8× more.

What's the total Bitcoin value on the balance sheets of XXI and RIOT?

XXI holds $3.4B worth of Bitcoin at current market prices. RIOT holds $1.2B.

Who has a lower cost basis per Bitcoin, XXI or RIOT?

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

When did XXI last buy Bitcoin?

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

When did RIOT last buy Bitcoin?

RIOT disclosed a 531 BTC purchase on April 9, 2025.