BTC.NYSEvsMSTR
Grayscale Bitcoin Mini Trust 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.
BTC.NYSE
Grayscale Bitcoin Mini Trust
🇺🇸 US
56,396 BTC
$3.6B market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$54.0B market value
Metric
BTC.NYSE
MSTR
BTC holdings
56,396 BTC
843,775 BTC
Market value of BTC
$3.6B
$54.0B
Average cost per BTC
—
$75,476.00
Total cost basis
—
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
- May 8, 2026+0 BTC—
- May 4, 2026+0 BTC—
- Apr 24, 2026+0 BTC—
- Apr 22, 2026+0 BTC—
- Apr 20, 2026+0 BTC—
BTC.NYSE vs MSTR: frequently asked
Which company holds more Bitcoin, BTC.NYSE or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Grayscale Bitcoin Mini Trust's (BTC.NYSE) 56,396 BTC — roughly 15.0× more.
What's the total Bitcoin value on the balance sheets of BTC.NYSE and MSTR?▾
BTC.NYSE holds $3.6B worth of Bitcoin at current market prices. MSTR holds $54.0B.
Who has a lower cost basis per BTC, BTC.NYSE or MSTR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BTC.NYSE last buy Bitcoin?▾
BTC.NYSE disclosed a 0 BTC purchase on May 8, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.