HODLvsMARA
VanEck Bitcoin Trust 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.
HODL
VanEck Bitcoin Trust
🇨🇦 CA
17,005 BTC
$1.1B market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.2B market value
Metric
HODL
MARA
BTC holdings
17,005 BTC
35,303 BTC
Market value of BTC
$1.1B
$2.2B
Average cost per BTC
$75,942.00
—
Total cost basis
$1.3B
—
mNAV (market cap ÷ BTC value)
—
2.37×
Sats per share
—
- 5/18/2026+-98.75820651 BTC-$7.6M
- 5/14/2026+93 BTC$7.5M
- 5/11/2026+56 BTC$4.6M
- 5/7/2026+-63.74553781 BTC-$5.1M
- 5/5/2026+-71.68754711 BTC-$5.8M
HODL vs MARA: frequently asked
Which company holds more Bitcoin, HODL or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to VanEck Bitcoin Trust's (HODL) 17,005 BTC — roughly 2.1× more.
What's the total Bitcoin value on the balance sheets of HODL and MARA?▾
HODL holds $1.1B worth of Bitcoin at current market prices. MARA holds $2.2B.
Who has a lower cost basis per BTC, HODL or MARA?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did HODL last buy Bitcoin?▾
HODL disclosed a -98.75820651 BTC purchase on May 18, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a -20,880 BTC purchase on May 11, 2026.