CIFRvsMARA
Cipher Mining 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.
CIFR
Cipher Mining
🇺🇸 US
1,116 BTC
$71.4M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
CIFR
MARA
BTC holdings
1,116 BTC
35,303 BTC
Market value of BTC
$71.4M
$2.3B
Average cost per BTC
$90,591.00
$68,236.16
Total cost basis
$101.1M
$2.4B
mNAV (market cap ÷ BTC value)
115.14×
2.05×
Sats per share
273
9.3k
Last disclosed purchase
Mar 31, 2026
- Mar 31, 2026+-317 BTC$66.8M
- Dec 31, 2025+-60 BTC$64.5M
- Sep 30, 2025+447 BTC$51.0M
- Sep 29, 2025+0 BTC—
- Aug 29, 2025+0 BTC—
CIFR vs MARA: frequently asked
Which company holds more Bitcoin, CIFR or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Cipher Mining's (CIFR) 1,116 BTC — roughly 31.6× more.
What's the total Bitcoin value on the balance sheets of CIFR and MARA?▾
CIFR holds $71.4M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, CIFR or MARA?▾
CIFR's average cost is $90,591.00 per BTC. MARA's is $68,236.16. MARA is the lower cost basis.
When did CIFR last buy Bitcoin?▾
CIFR disclosed a -317 BTC purchase on March 31, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.