KEELvsXXI
Keel Infrastructure Corp. vs Twenty One Capital
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.
KEEL
Keel Infrastructure Corp.
🇨🇦 CA
2,469 BTC
$157.8M market value
XXI
Twenty One Capital
🇺🇸 US
43,514 BTC
$2.8B market value
Metric
KEEL
XXI
BTC holdings
2,469 BTC
43,514 BTC
Market value of BTC
$157.8M
$2.8B
Average cost per BTC
—
$84,865.00
Total cost basis
—
$3.7B
mNAV (market cap ÷ BTC value)
16.67×
0.64×
Sats per share
409
12.5k
Last disclosed purchase
May 11, 2026
- May 11, 2026+0 BTC$168.5M
- May 11, 2026+0 BTC$6.1M
- May 11, 2026+409 BTC$33.6M
- Mar 31, 2026+402 BTC$26.8M
- Dec 30, 2025+0 BTC—
KEEL vs XXI: frequently asked
Which company holds more Bitcoin, KEEL or XXI?▾
Twenty One Capital (XXI) holds 43,514 BTC, compared to Keel Infrastructure Corp.'s (KEEL) 2,469 BTC — roughly 17.6× more.
What's the total Bitcoin value on the balance sheets of KEEL and XXI?▾
KEEL holds $157.8M worth of Bitcoin at current market prices. XXI holds $2.8B.
Who has a lower cost basis per BTC, KEEL or XXI?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did KEEL last buy Bitcoin?▾
KEEL disclosed a 0 BTC purchase on May 11, 2026.
When did XXI last buy Bitcoin?▾
XXI disclosed a -1 BTC purchase on May 13, 2026.