XBTEvsXXI
CoinShares / XBT Provider vs Twenty One Capital
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.
XBTE
CoinShares / XBT Provider
🇨🇭 CH
18,500 BTC
$1.2B market value
XXI
Twenty One Capital
🇺🇸 US
43,514 BTC
$2.8B market value
Metric
XBTE
XXI
BTC holdings
18,500 BTC
43,514 BTC
Market value of BTC
$1.2B
$2.8B
Average cost per BTC
—
$84,865.00
Total cost basis
—
$3.7B
mNAV (market cap ÷ BTC value)
—
0.64×
Sats per share
—
- May 14, 2026+0 BTC—
- May 13, 2026+-1 BTC$93.7K
- May 13, 2026+0 BTC$79.3K
- Mar 31, 2026+0 BTC$375.4M
- Mar 31, 2026+0 BTC$458.7M
XBTE vs XXI: frequently asked
Which company holds more Bitcoin, XBTE or XXI?▾
Twenty One Capital (XXI) holds 43,514 BTC, compared to CoinShares / XBT Provider's (XBTE) 18,500 BTC — roughly 2.4× more.
What's the total Bitcoin value on the balance sheets of XBTE and XXI?▾
XBTE holds $1.2B worth of Bitcoin at current market prices. XXI holds $2.8B.
Who has a lower cost basis per BTC, XBTE or XXI?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did XBTE last buy Bitcoin?▾
XBTE disclosed a 0 BTC purchase on May 14, 2026.
When did XXI last buy Bitcoin?▾
XXI disclosed a -1 BTC purchase on May 13, 2026.