BTC-MELANIONvsMSTR
Melanion 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.
BTC-MELANION
Melanion Digital
🇫🇷 FR
342 BTC
$21.7M market value
MSTR
Strategy
🇺🇸 US
843,706 BTC
$53.6B market value
Metric
BTC-MELANION
MSTR
BTC holdings
342 BTC
843,706 BTC
Market value of BTC
$21.7M
$53.6B
Average cost per BTC
—
$75,700.00
Total cost basis
—
$63.9B
mNAV (market cap ÷ BTC value)
—
0.78×
Sats per share
—
255.0k
Last disclosed purchase
—
No tracked purchases yet
- 6/1/2026+-32 BTC$2.5M
- 6/1/2026+0 BTC$2.5M
- 5/18/2026+24,869 BTC$2.0B
- 5/11/2026+535 BTC$43.0M
- 4/27/2026+3,273 BTC$255.0M
BTC-MELANION vs MSTR: frequently asked
Which company holds more Bitcoin, BTC-MELANION or MSTR?▾
Strategy (MSTR) holds 843,706 BTC, compared to Melanion Digital's (BTC-MELANION) 342 BTC — roughly 2467.0× more.
What's the total Bitcoin value on the balance sheets of BTC-MELANION and MSTR?▾
BTC-MELANION holds $21.7M worth of Bitcoin at current market prices. MSTR holds $53.6B.
Who has a lower cost basis per BTC, BTC-MELANION or MSTR?▾
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 MSTR last buy Bitcoin?▾
MSTR disclosed a -32 BTC purchase on June 1, 2026.