ETHMvsBTBT
The Ether Machine vs Bit Digital
Side-by-side Ethereum treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
ETHM
The Ether Machine
🇺🇸 US
496,712 ETH
$776.8M market value
BTBT
Bit Digital
🇺🇸 US
140,196 ETH
$219.3M market value
Metric
ETHM
BTBT
ETH holdings
496,712 ETH
140,196 ETH
Market value of ETH
$776.8M
$219.3M
Average cost per ETH
—
—
Total cost basis
—
—
mNAV (market cap ÷ ETH value)
—
2.58×
Last disclosed purchase
3/6/2026
5/15/2026
Country
🇺🇸 US
- 3/6/2026+0 ETH$197.1M
- 11/6/2025+0 ETH$197.1M
- 8/13/2025+0 ETH$197.1M
- 5/15/2026+187 ETH$0.00
- 3/27/2026+37,985 ETH$0.00
ETHM vs BTBT: frequently asked
Which company holds more Ethereum, ETHM or BTBT?▾
The Ether Machine (ETHM) holds 496,712 ETH, compared to Bit Digital's (BTBT) 140,196 ETH — roughly 3.5× more.
What's the total Ethereum value on the balance sheets of ETHM and BTBT?▾
ETHM holds $776.8M worth of Ethereum at current market prices. BTBT holds $219.3M.
Who has a lower cost basis per ETH, ETHM or BTBT?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did ETHM last buy Ethereum?▾
ETHM disclosed a 0 ETH purchase on March 6, 2026.
When did BTBT last buy Ethereum?▾
BTBT disclosed a 187 ETH purchase on May 15, 2026.