COINvsCLSK
Coinbase vs CleanSpark
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
COIN
CLSK
BTC holdings
16,949 BTC
13,924 BTC
Market value of BTC
$1.1B
$882.4M
Average cost per BTC
$98,950.50
—
Total cost basis
$1.7B
—
mNAV (market cap ÷ BTC value)
40.10×
3.62×
Sats per share
6.4k
5.4k
Last disclosed purchase
May 7, 2026
- May 7, 2026+1,073 BTC$85.8M
- Mar 31, 2026+11,920 BTC$795.1M
COIN vs CLSK: frequently asked
Which company holds more Bitcoin, COIN or CLSK?▾
Coinbase (COIN) holds 16,949 BTC, compared to CleanSpark's (CLSK) 13,924 BTC — roughly 1.2× more.
What's the total Bitcoin value on the balance sheets of COIN and CLSK?▾
COIN holds $1.1B worth of Bitcoin at current market prices. CLSK holds $882.4M.
Who has a lower cost basis per BTC, COIN or CLSK?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.
When did CLSK last buy Bitcoin?▾
CLSK disclosed a 11,920 BTC purchase on March 31, 2026.