GEMIvsMSTR
Gemini Space Station 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.
GEMI
Gemini Space Station
🇺🇸 US
3,839 BTC
$245.4M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.9B market value
Metric
GEMI
MSTR
BTC holdings
3,839 BTC
843,775 BTC
Market value of BTC
$245.4M
$53.9B
Average cost per BTC
$66,343.00
$75,476.00
Total cost basis
$254.7M
$63.7B
mNAV (market cap ÷ BTC value)
2.19×
0.61×
Sats per share
3.0k
235.8k
Last disclosed purchase
Mar 31, 2026
- Mar 31, 2026+3,839 BTC$256.1M
- 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
GEMI vs MSTR: frequently asked
Which company holds more Bitcoin, GEMI or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Gemini Space Station's (GEMI) 3,839 BTC — roughly 219.8× more.
What's the total Bitcoin value on the balance sheets of GEMI and MSTR?▾
GEMI holds $245.4M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, GEMI or MSTR?▾
GEMI's average cost is $66,343.00 per BTC. MSTR's is $75,476.00. 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 MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.