BLSHvsBMNR
Bullish vs BitMine Immersion Technologies
Side-by-side crypto treasury comparison across tokens: BLSH (Bitcoin) vs BMNR (Ethereum). USD market value is directly comparable; token-native amounts are shown for context. Numbers refresh every 5 minutes.
Mixed-token comparison. BLSH holds Bitcoin, BMNR holds Ethereum — token-native amounts are shown side-by-side for context, but USD market value is the only directly comparable metric.
BLSH
Bullish
🇺🇸 US
19,830 BTC
$1.3B market value
BMNR
BitMine Immersion Technologies
🇺🇸 US
5,770,038 ETH
$10.9B market value
Metric
BLSH
BMNR
Holdings (BTC / ETH)
19,830 BTC
5,770,038 ETH
Market value of treasury
$1.3B
$10.9B
Average cost per token
—
$3,053.38
Total cost basis
—
$17.5B
mNAV (market cap ÷ token value)
2.70×
0.77×
Last disclosed purchase
—
Jul 12, 2026
Country
🇺🇸 US
No tracked purchases yet
- Jul 12, 2026+27,801 ETH—
- Jul 6, 2026+42,197 ETH$74.0M
- Jun 29, 2026+27,084 ETH$43.0M
- Jun 22, 2026+52,203 ETH$92.0M
- Jun 17, 2026+0 ETH—
BLSH vs BMNR: frequently asked
Which company has a larger crypto treasury by USD value, BLSH or BMNR?▾
BLSH (Bitcoin) holds 19,830 BTC worth $1.3B. BMNR (Ethereum) holds 5,770,038 ETH worth $10.9B. BMNR has the larger USD-value treasury — roughly 8.5× larger.
Can you compare BLSH's BTC holdings directly to BMNR's ETH holdings?▾
Not in token-native amounts — BLSH holds Bitcoin and BMNR holds Ethereum, so "19,830 BTC" and "5,770,038 ETH" measure different assets. The honest comparison is USD market value: $1.3B vs $10.9B at current prices.
What's BLSH's cost basis per BTC, and BMNR's per ETH?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BLSH last buy Bitcoin?▾
BLSH's last BTC purchase isn't in our tracked history yet.
When did BMNR last buy Ethereum?▾
BMNR disclosed a 27,801 ETH purchase on July 12, 2026.