COINvsBMNR
Coinbase vs BitMine Immersion Technologies
Side-by-side crypto treasury comparison across tokens: COIN (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. COIN 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.
COIN
Coinbase
🇺🇸 US
16,949 BTC
$1.1B market value
BMNR
BitMine Immersion Technologies
🇺🇸 US
5,770,038 ETH
$10.8B market value
Metric
COIN
BMNR
Holdings (BTC / ETH)
16,949 BTC
5,770,038 ETH
Market value of treasury
$1.1B
$10.8B
Average cost per token
$98,950.50
$3,053.38
Total cost basis
$1.7B
$17.5B
mNAV (market cap ÷ token value)
37.79×
0.77×
Last disclosed purchase
May 7, 2026
Jul 12, 2026
Country
- May 7, 2026+1,073 BTC$85.8M
- 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
COIN vs BMNR: frequently asked
Which company has a larger crypto treasury by USD value, COIN or BMNR?▾
COIN (Bitcoin) holds 16,949 BTC worth $1.1B. BMNR (Ethereum) holds 5,770,038 ETH worth $10.8B. BMNR has the larger USD-value treasury — roughly 9.9× larger.
Can you compare COIN's BTC holdings directly to BMNR's ETH holdings?▾
Not in token-native amounts — COIN holds Bitcoin and BMNR holds Ethereum, so "16,949 BTC" and "5,770,038 ETH" measure different assets. The honest comparison is USD market value: $1.1B vs $10.8B at current prices.
What's COIN's cost basis per BTC, and BMNR's per ETH?▾
COIN's average cost is $98,950.50 per BTC. BMNR's is $3,053.38 per ETH. These aren't directly comparable across tokens — each is the company's average against its own asset.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.
When did BMNR last buy Ethereum?▾
BMNR disclosed a 27,801 ETH purchase on July 12, 2026.