CANvsCOIN
Canaan vs Coinbase
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
CAN
COIN
BTC holdings
1,867 BTC
16,949 BTC
Market value of BTC
$120.3M
$1.1B
Average cost per BTC
—
$98,950.50
Total cost basis
—
$1.7B
mNAV (market cap ÷ BTC value)
1.87×
37.95×
Sats per share
249
6.4k
Last disclosed purchase
May 31, 2026
- May 31, 2026+41 BTC$3.0M
- Apr 30, 2026+58 BTC$4.4M
- Jan 14, 2026+20 BTC$1.9M
- Nov 28, 2025+148 BTC$13.5M
- Oct 30, 2025+98 BTC$10.6M
CAN vs COIN: frequently asked
Which company holds more Bitcoin, CAN or COIN?▾
Coinbase (COIN) holds 16,949 BTC, compared to Canaan's (CAN) 1,867 BTC — roughly 9.1× more.
What's the total Bitcoin value on the balance sheets of CAN and COIN?▾
CAN holds $120.3M worth of Bitcoin at current market prices. COIN holds $1.1B.
Who has a lower cost basis per BTC, CAN or COIN?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did CAN last buy Bitcoin?▾
CAN disclosed a 41 BTC purchase on May 31, 2026.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.