L5L.FSEvsMSTR
GreenMerc AB 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.
Metric
L5L.FSE
MSTR
BTC holdings
6.2 BTC
843,775 BTC
Market value of BTC
$396.4K
$53.9B
Average cost per BTC
$81,442.00
$75,476.00
Total cost basis
$504.9K
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
235.8k
Last disclosed purchase
—
No tracked purchases yet
- 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
- Jun 1, 2026+-32 BTC$2.5M
L5L.FSE vs MSTR: frequently asked
Which company holds more Bitcoin, L5L.FSE or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to GreenMerc AB's (L5L.FSE) 6.2 BTC — roughly 136092.7× more.
What's the total Bitcoin value on the balance sheets of L5L.FSE and MSTR?▾
L5L.FSE holds $396.4K worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, L5L.FSE or MSTR?▾
L5L.FSE's average cost is $81,442.00 per BTC. MSTR's is $75,476.00. MSTR is the lower cost basis.
When did L5L.FSE last buy Bitcoin?▾
L5L.FSE's last BTC purchase isn't in our tracked history yet.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.