COINvsRIOT
Coinbase vs Riot Platforms
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
RIOT
BTC holdings
16,949 BTC
15,679 BTC
Market value of BTC
$1.1B
$997.8M
Average cost per BTC
$98,950.50
$60,299.00
Total cost basis
$1.7B
$945.4M
mNAV (market cap ÷ BTC value)
38.44×
7.65×
Sats per share
6.4k
4.1k
Last disclosed purchase
May 7, 2026
- May 7, 2026+1,073 BTC$85.8M
- Apr 30, 2026+-2,326 BTC$177.5M
- Mar 2, 2026+-1,282 BTC$88.2M
- Oct 30, 2025+14 BTC$1.5M
- Jul 31, 2025+50 BTC$5.8M
COIN vs RIOT: frequently asked
Which company holds more Bitcoin, COIN or RIOT?▾
Coinbase (COIN) holds 16,949 BTC, compared to Riot Platforms's (RIOT) 15,679 BTC — roughly 1.1× more.
What's the total Bitcoin value on the balance sheets of COIN and RIOT?▾
COIN holds $1.1B worth of Bitcoin at current market prices. RIOT holds $997.8M.
Who has a lower cost basis per BTC, COIN or RIOT?▾
COIN's average cost is $98,950.50 per BTC. RIOT's is $60,299.00. RIOT is the lower cost basis.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.
When did RIOT last buy Bitcoin?▾
RIOT disclosed a -2,326 BTC purchase on April 30, 2026.