HIVEvsMSTR
Hive Digital 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
HIVE
MSTR
BTC holdings
150 BTC
843,775 BTC
Market value of BTC
$9.6M
$53.9B
Average cost per BTC
$55,607.51
$75,476.00
Total cost basis
$8.3M
$63.7B
mNAV (market cap ÷ BTC value)
88.96×
0.61×
Sats per share
56
235.8k
Last disclosed purchase
Jun 2, 2026
- Jun 2, 2026+0 BTC$22.1M
- Jun 2, 2026+-331 BTC$23.6M
- Feb 17, 2026+271 BTC$18.7M
- Dec 30, 2025+0 BTC—
- Nov 17, 2025+-225 BTC$21.2M
HIVE vs MSTR: frequently asked
Which company holds more Bitcoin, HIVE or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Hive Digital's (HIVE) 150 BTC — roughly 5625.2× more.
What's the total Bitcoin value on the balance sheets of HIVE and MSTR?▾
HIVE holds $9.6M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, HIVE or MSTR?▾
HIVE's average cost is $55,607.51 per BTC. MSTR's is $75,476.00. HIVE is the lower cost basis.
When did HIVE last buy Bitcoin?▾
HIVE disclosed a 0 BTC purchase on June 2, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.