BTC1.XETRvsMARA
Bitwise Core Bitcoin ETP (BTC1) 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.
BTC1.XETR
Bitwise Core Bitcoin ETP (BTC1)
🇩🇪 DE
1,699 BTC
$108.6M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
BTC1.XETR
MARA
BTC holdings
1,699 BTC
35,303 BTC
Market value of BTC
$108.6M
$2.3B
Average cost per BTC
—
$68,236.16
Total cost basis
—
$2.4B
mNAV (market cap ÷ BTC value)
—
2.05×
Sats per share
—
- Jul 29, 2025+0 BTC—
- Feb 5, 2025+0 BTC—
- May 11, 2026+-3,386 BTC$278.1M
- May 11, 2026+0 BTC$1.5B
- Mar 26, 2026+0 BTC$1.1B
BTC1.XETR vs MARA: frequently asked
Which company holds more Bitcoin, BTC1.XETR or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Bitwise Core Bitcoin ETP (BTC1)'s (BTC1.XETR) 1,699 BTC — roughly 20.8× more.
What's the total Bitcoin value on the balance sheets of BTC1.XETR and MARA?▾
BTC1.XETR holds $108.6M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, BTC1.XETR or MARA?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BTC1.XETR last buy Bitcoin?▾
BTC1.XETR disclosed a 0 BTC purchase on July 29, 2025.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.