CNSRFvsMARA
CoinShares International Limited vs Marathon Digital
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.
CNSRF
CoinShares International Limited
🇯🇪 JE
236 BTC
$15.1M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
CNSRF
MARA
BTC holdings
236 BTC
35,303 BTC
Market value of BTC
$15.1M
$2.3B
Average cost per BTC
$88,830.25
$68,236.16
Total cost basis
$21.0M
$2.4B
mNAV (market cap ÷ BTC value)
—
2.05×
Sats per share
360
9.3k
Last disclosed purchase
Mar 28, 2025
- Mar 28, 2025+0 BTC—
- Dec 30, 2024+0 BTC—
- May 11, 2026+-3,386 BTC$278.1M
- May 11, 2026+0 BTC$1.5B
- Mar 26, 2026+0 BTC$1.1B
CNSRF vs MARA: frequently asked
Which company holds more Bitcoin, CNSRF or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to CoinShares International Limited's (CNSRF) 236 BTC — roughly 149.6× more.
What's the total Bitcoin value on the balance sheets of CNSRF and MARA?▾
CNSRF holds $15.1M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, CNSRF or MARA?▾
CNSRF's average cost is $88,830.25 per BTC. MARA's is $68,236.16. MARA is the lower cost basis.
When did CNSRF last buy Bitcoin?▾
CNSRF disclosed a 0 BTC purchase on March 28, 2025.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.