GEMIvsMARA
Gemini Space Station 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.
GEMI
Gemini Space Station
🇺🇸 US
3,839 BTC
$245.4M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
GEMI
MARA
BTC holdings
3,839 BTC
35,303 BTC
Market value of BTC
$245.4M
$2.3B
Average cost per BTC
$66,343.00
$68,236.16
Total cost basis
$254.7M
$2.4B
mNAV (market cap ÷ BTC value)
2.19×
2.05×
Sats per share
3.0k
9.3k
Last disclosed purchase
Mar 31, 2026
- Mar 31, 2026+3,839 BTC$256.1M
- May 11, 2026+-3,386 BTC$278.1M
- May 11, 2026+0 BTC$1.5B
- Mar 26, 2026+0 BTC$1.1B
- Mar 26, 2026+-15,133 BTC$1.1B
GEMI vs MARA: frequently asked
Which company holds more Bitcoin, GEMI or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Gemini Space Station's (GEMI) 3,839 BTC — roughly 9.2× more.
What's the total Bitcoin value on the balance sheets of GEMI and MARA?▾
GEMI holds $245.4M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, GEMI or MARA?▾
GEMI's average cost is $66,343.00 per BTC. MARA's is $68,236.16. 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 MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.