IPWvsBTCS
iPower vs BTCS Inc
Side-by-side Ethereum treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
Metric
IPW
BTCS
ETH holdings
301 ETH
57,607 ETH
Market value of ETH
$563.0K
$107.7M
Average cost per ETH
$2,967.00
$2,653.00
Total cost basis
$893.4K
$152.8M
mNAV (market cap ÷ ETH value)
1.42×
0.46×
Last disclosed purchase
May 20, 2026
May 14, 2026
Country
🇺🇸 US
- May 20, 2026+0 ETH$883.6K
- Dec 31, 2025+0 ETH$893.4K
- Dec 31, 2025+301 ETH$536.4K
- May 14, 2026+-13,180 ETH$30.1M
- Mar 26, 2026+465 ETH$957.5K
IPW vs BTCS: frequently asked
Which company holds more Ethereum, IPW or BTCS?▾
BTCS Inc (BTCS) holds 57,607 ETH, compared to iPower's (IPW) 301 ETH — roughly 191.3× more.
What's the total Ethereum value on the balance sheets of IPW and BTCS?▾
IPW holds $563.0K worth of Ethereum at current market prices. BTCS holds $107.7M.
Who has a lower cost basis per ETH, IPW or BTCS?▾
IPW's average cost is $2,967.00 per ETH. BTCS's is $2,653.00. BTCS is the lower cost basis.
When did IPW last buy Ethereum?▾
IPW disclosed a 0 ETH purchase on May 20, 2026.
When did BTCS last buy Ethereum?▾
BTCS disclosed a -13,180 ETH purchase on May 14, 2026.