GEMIvsCOIN
Gemini Space Station vs Coinbase
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.
GEMI
Gemini Space Station
🇺🇸 US
3,839 BTC
$248.5M market value
COIN
Coinbase
🇺🇸 US
16,949 BTC
$1.1B market value
Metric
GEMI
COIN
BTC holdings
3,839 BTC
16,949 BTC
Market value of BTC
$248.5M
$1.1B
Average cost per BTC
$66,343.00
$98,950.50
Total cost basis
$254.7M
$1.7B
mNAV (market cap ÷ BTC value)
2.16×
37.79×
Sats per share
3.0k
6.4k
Last disclosed purchase
Mar 31, 2026
- Mar 31, 2026+3,839 BTC$256.1M
- May 7, 2026+1,073 BTC$85.8M
GEMI vs COIN: frequently asked
Which company holds more Bitcoin, GEMI or COIN?▾
Coinbase (COIN) holds 16,949 BTC, compared to Gemini Space Station's (GEMI) 3,839 BTC — roughly 4.4× more.
What's the total Bitcoin value on the balance sheets of GEMI and COIN?▾
GEMI holds $248.5M worth of Bitcoin at current market prices. COIN holds $1.1B.
Who has a lower cost basis per BTC, GEMI or COIN?▾
GEMI's average cost is $66,343.00 per BTC. COIN's is $98,950.50. GEMI is the lower cost basis.
When did GEMI last buy Bitcoin?▾
GEMI disclosed a 3,839 BTC purchase on March 31, 2026.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.