BTC-MELANIONvsMARA
Melanion Digital 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.
BTC-MELANION
Melanion Digital
🇫🇷 FR
342 BTC
$21.7M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.2B market value
Metric
BTC-MELANION
MARA
BTC holdings
342 BTC
35,303 BTC
Market value of BTC
$21.7M
$2.2B
Average cost per BTC
—
—
Total cost basis
—
—
mNAV (market cap ÷ BTC value)
—
2.37×
Sats per share
—
9.3k
Last disclosed purchase
—
No tracked purchases yet
- 5/11/2026+-20,880 BTC$1.5B
- 5/11/2026+0 BTC$2.4B
- 3/26/2026+-15,133 BTC$1.1B
- 3/2/2026+0 BTC$150.0M
- 12/30/2025+0 BTC$0.00
BTC-MELANION vs MARA: frequently asked
Which company holds more Bitcoin, BTC-MELANION or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Melanion Digital's (BTC-MELANION) 342 BTC — roughly 103.2× more.
What's the total Bitcoin value on the balance sheets of BTC-MELANION and MARA?▾
BTC-MELANION holds $21.7M worth of Bitcoin at current market prices. MARA holds $2.2B.
Who has a lower cost basis per BTC, BTC-MELANION or MARA?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BTC-MELANION last buy Bitcoin?▾
BTC-MELANION's last BTC purchase isn't in our tracked history yet.
When did MARA last buy Bitcoin?▾
MARA disclosed a -20,880 BTC purchase on May 11, 2026.