FBTCvsMARA
Fidelity Wise Origin Bitcoin Fund 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.
FBTC
Fidelity Wise Origin Bitcoin Fund
🇺🇸 US
174,715 BTC
$11.2B market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
FBTC
MARA
BTC holdings
174,715 BTC
35,303 BTC
Market value of BTC
$11.2B
$2.3B
Average cost per BTC
—
$68,236.16
Total cost basis
—
$2.4B
mNAV (market cap ÷ BTC value)
—
2.05×
Sats per share
—
- Jul 9, 2026+-1,001 BTC$64.1M
- Jul 9, 2026+-1,002 BTC$63.3M
- Jul 8, 2026+-239 BTC$15.1M
- Jul 8, 2026+-239 BTC$14.9M
- Jul 7, 2026+-392 BTC$24.4M
FBTC vs MARA: frequently asked
Which company holds more Bitcoin, FBTC or MARA?▾
Fidelity Wise Origin Bitcoin Fund (FBTC) holds 174,715 BTC, compared to Marathon Digital's (MARA) 35,303 BTC — roughly 4.9× more.
What's the total Bitcoin value on the balance sheets of FBTC and MARA?▾
FBTC holds $11.2B worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, FBTC or MARA?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did FBTC last buy Bitcoin?▾
FBTC disclosed a -1,001 BTC purchase on July 9, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.