BTBTvsMARA
Bit Digital vs Marathon Digital
Side-by-side crypto treasury comparison across tokens: BTBT (Ethereum) vs MARA (Bitcoin). USD market value is directly comparable; token-native amounts are shown for context. Numbers refresh every 5 minutes.
Mixed-token comparison. BTBT holds Ethereum, MARA holds Bitcoin — token-native amounts are shown side-by-side for context, but USD market value is the only directly comparable metric.
BTBT
Bit Digital
🇺🇸 US
162,081 ETH
$304.5M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
BTBT
MARA
Holdings (ETH / BTC)
162,081 ETH
35,303 BTC
Market value of treasury
$304.5M
$2.3B
Average cost per token
$3,007.63
$68,236.16
Total cost basis
$487.5M
$2.4B
mNAV (market cap ÷ token value)
1.88×
2.03×
Last disclosed purchase
May 15, 2026
May 11, 2026
Country
- May 15, 2026+187 ETH$416.4K
- Mar 27, 2026+37,985 ETH$75.7M
- Nov 14, 2025+77,423 ETH$240.8M
- Aug 14, 2025+167 ETH$759.0K
- May 15, 2025+-3,189 ETH$8.1M
BTBT vs MARA: frequently asked
Which company has a larger crypto treasury by USD value, BTBT or MARA?▾
BTBT (Ethereum) holds 162,081 ETH worth $304.5M. MARA (Bitcoin) holds 35,303 BTC worth $2.3B. MARA has the larger USD-value treasury — roughly 7.5× larger.
Can you compare BTBT's ETH holdings directly to MARA's BTC holdings?▾
Not in token-native amounts — BTBT holds Ethereum and MARA holds Bitcoin, so "162,081 ETH" and "35,303 BTC" measure different assets. The honest comparison is USD market value: $304.5M vs $2.3B at current prices.
What's BTBT's cost basis per ETH, and MARA's per BTC?▾
BTBT's average cost is $3,007.63 per ETH. MARA's is $68,236.16 per BTC. These aren't directly comparable across tokens — each is the company's average against its own asset.
When did BTBT last buy Ethereum?▾
BTBT disclosed a 187 ETH purchase on May 15, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.