FRMOvsMARA
FRMO Corp. 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.
Metric
FRMO
MARA
BTC holdings
159 BTC
35,303 BTC
Market value of BTC
$10.2M
$2.3B
Average cost per BTC
$32,275.85
$68,236.16
Total cost basis
$5.1M
$2.4B
mNAV (market cap ÷ BTC value)
30.54×
2.05×
Sats per share
361
9.3k
Last disclosed purchase
Feb 27, 2025
- Feb 27, 2025+0 BTC—
- Nov 29, 2024+0 BTC—
- Aug 30, 2024+0 BTC—
- Feb 28, 2024+0 BTC—
- May 30, 2023+0 BTC—
FRMO vs MARA: frequently asked
Which company holds more Bitcoin, FRMO or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to FRMO Corp.'s (FRMO) 159 BTC — roughly 222.1× more.
What's the total Bitcoin value on the balance sheets of FRMO and MARA?▾
FRMO holds $10.2M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, FRMO or MARA?▾
FRMO's average cost is $32,275.85 per BTC. MARA's is $68,236.16. FRMO is the lower cost basis.
When did FRMO last buy Bitcoin?▾
FRMO disclosed a 0 BTC purchase on February 27, 2025.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.