COINvsFGNX
Coinbase vs FG Nexus Inc.
Side-by-side crypto treasury comparison across tokens: COIN (Bitcoin) vs FGNX (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, FGNX holds Ethereum — token-native amounts are shown side-by-side for context, but USD market value is the only directly comparable metric.
Metric
COIN
FGNX
Holdings (BTC / ETH)
16,949 BTC
48,442 ETH
Market value of treasury
$1.1B
$91.0M
Average cost per token
$98,950.50
$2,037.00
Total cost basis
$1.7B
$98.7M
mNAV (market cap ÷ token value)
37.79×
0.35×
Last disclosed purchase
May 7, 2026
May 21, 2026
Country
- May 7, 2026+1,073 BTC$85.8M
- May 21, 2026+0 ETH—
- May 15, 2026+0 ETH—
- May 7, 2026+0 ETH$43.5M
- Nov 14, 2025+0 ETH$210.4M
COIN vs FGNX: frequently asked
Which company has a larger crypto treasury by USD value, COIN or FGNX?▾
COIN (Bitcoin) holds 16,949 BTC worth $1.1B. FGNX (Ethereum) holds 48,442 ETH worth $91.0M. COIN has the larger USD-value treasury — roughly 12.1× larger.
Can you compare COIN's BTC holdings directly to FGNX's ETH holdings?▾
Not in token-native amounts — COIN holds Bitcoin and FGNX holds Ethereum, so "16,949 BTC" and "48,442 ETH" measure different assets. The honest comparison is USD market value: $1.1B vs $91.0M at current prices.
What's COIN's cost basis per BTC, and FGNX's per ETH?▾
COIN's average cost is $98,950.50 per BTC. FGNX's is $2,037.00 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 FGNX last buy Ethereum?▾
FGNX disclosed a 0 ETH purchase on May 21, 2026.