COINvsBTCS
Coinbase vs BTCS Inc
Side-by-side crypto treasury comparison across tokens: COIN (Bitcoin) vs BTCS (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, BTCS holds Ethereum — token-native amounts are shown side-by-side for context, but USD market value is the only directly comparable metric.
Metric
COIN
BTCS
Holdings (BTC / ETH)
16,949 BTC
57,607 ETH
Market value of treasury
$1.1B
$108.2M
Average cost per token
$98,950.50
$2,653.00
Total cost basis
$1.7B
$152.8M
mNAV (market cap ÷ token value)
37.79×
0.46×
Last disclosed purchase
May 7, 2026
May 14, 2026
Country
- May 7, 2026+1,073 BTC$85.8M
- May 14, 2026+-13,180 ETH$30.1M
- Mar 26, 2026+465 ETH$957.5K
- Nov 13, 2025+55,663 ETH$179.8M
- Aug 13, 2025+5,596 ETH$26.6M
COIN vs BTCS: frequently asked
Which company has a larger crypto treasury by USD value, COIN or BTCS?▾
COIN (Bitcoin) holds 16,949 BTC worth $1.1B. BTCS (Ethereum) holds 57,607 ETH worth $108.2M. COIN has the larger USD-value treasury — roughly 10.1× larger.
Can you compare COIN's BTC holdings directly to BTCS's ETH holdings?▾
Not in token-native amounts — COIN holds Bitcoin and BTCS holds Ethereum, so "16,949 BTC" and "57,607 ETH" measure different assets. The honest comparison is USD market value: $1.1B vs $108.2M at current prices.
What's COIN's cost basis per BTC, and BTCS's per ETH?▾
COIN's average cost is $98,950.50 per BTC. BTCS's is $2,653.00 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 BTCS last buy Ethereum?▾
BTCS disclosed a -13,180 ETH purchase on May 14, 2026.