GOV-FIvsMSTR
Finland vs Strategy
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.
Metric
GOV-FI
MSTR
BTC holdings
90 BTC
843,775 BTC
Market value of BTC
$5.8M
$53.9B
Average cost per BTC
$62,507.10
$75,476.00
Total cost basis
$5.6M
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
235.8k
Last disclosed purchase
Feb 28, 2024
- Feb 28, 2024+0 BTC—
- Jul 6, 2026+-3,588 BTC$216.0M
- Jun 22, 2026+520 BTC$34.9M
- Jun 15, 2026+1,587 BTC$100.0M
- Jun 8, 2026+1,550 BTC$101.3M
GOV-FI vs MSTR: frequently asked
Which company holds more Bitcoin, GOV-FI or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Finland's (GOV-FI) 90 BTC — roughly 9375.3× more.
What's the total Bitcoin value on the balance sheets of GOV-FI and MSTR?▾
GOV-FI holds $5.8M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, GOV-FI or MSTR?▾
GOV-FI's average cost is $62,507.10 per BTC. MSTR's is $75,476.00. GOV-FI is the lower cost basis.
When did GOV-FI last buy Bitcoin?▾
GOV-FI disclosed a 0 BTC purchase on February 28, 2024.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.