MARAvsRIOT
Marathon Digital vs Riot Platforms
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.
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.2B market value
RIOT
Riot Platforms
🇺🇸 US
15,679 BTC
$997.8M market value
Metric
MARA
RIOT
BTC holdings
35,303 BTC
15,679 BTC
Market value of BTC
$2.2B
$997.8M
Average cost per BTC
$68,236.16
$60,299.00
Total cost basis
$2.4B
$945.4M
mNAV (market cap ÷ BTC value)
2.06×
7.65×
Sats per share
9.3k
4.1k
Last disclosed purchase
May 11, 2026
- May 11, 2026+-3,386 BTC$278.1M
- May 11, 2026+0 BTC$1.5B
- Mar 26, 2026+0 BTC$1.1B
- Mar 26, 2026+-15,133 BTC$1.1B
- Mar 2, 2026+972 BTC$63.9M
MARA vs RIOT: frequently asked
Which company holds more Bitcoin, MARA or RIOT?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Riot Platforms's (RIOT) 15,679 BTC — roughly 2.3× more.
What's the total Bitcoin value on the balance sheets of MARA and RIOT?▾
MARA holds $2.2B worth of Bitcoin at current market prices. RIOT holds $997.8M.
Who has a lower cost basis per BTC, MARA or RIOT?▾
MARA's average cost is $68,236.16 per BTC. RIOT's is $60,299.00. RIOT is the lower cost basis.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.
When did RIOT last buy Bitcoin?▾
RIOT disclosed a -2,326 BTC purchase on April 30, 2026.