COINvsHSDT
Coinbase vs Solana Company
Side-by-side crypto treasury comparison across tokens: COIN (Bitcoin) vs HSDT (Solana). USD market value is directly comparable; token-native amounts are shown for context. Numbers refresh every 5 minutes.
Mixed-token comparison. COIN holds Bitcoin, HSDT holds Solana — 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
HSDT
Solana Company
🇺🇸 US
2,071,127 SOL
$160.1M market value
Metric
COIN
HSDT
Holdings (BTC / SOL)
16,949 BTC
2,071,127 SOL
Market value of treasury
$1.1B
$160.1M
Average cost per token
$98,950.50
$217.17
Total cost basis
$1.7B
$449.8M
mNAV (market cap ÷ token value)
37.95×
0.62×
Last disclosed purchase
May 7, 2026
May 15, 2026
Country
- May 7, 2026+1,073 BTC$85.8M
- May 15, 2026+0 SOL—
- May 15, 2026+6,410 SOL$590.5K
- May 15, 2026+0 SOL$52.1K
- Mar 31, 2026+325,362 SOL$26.8M
COIN vs HSDT: frequently asked
Which company has a larger crypto treasury by USD value, COIN or HSDT?▾
COIN (Bitcoin) holds 16,949 BTC worth $1.1B. HSDT (Solana) holds 2,071,127 SOL worth $160.1M. COIN has the larger USD-value treasury — roughly 6.8× larger.
Can you compare COIN's BTC holdings directly to HSDT's SOL holdings?▾
Not in token-native amounts — COIN holds Bitcoin and HSDT holds Solana, so "16,949 BTC" and "2,071,127 SOL" measure different assets. The honest comparison is USD market value: $1.1B vs $160.1M at current prices.
What's COIN's cost basis per BTC, and HSDT's per SOL?▾
COIN's average cost is $98,950.50 per BTC. HSDT's is $217.17 per SOL. 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 HSDT last buy Solana?▾
HSDT disclosed a 0 SOL purchase on May 15, 2026.