BTC-MEMPOOLvsMSTR
The Mempool Open Source Project 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-MEMPOOL
The Mempool Open Source Project
🇺🇸 US
3,721 BTC
$237.9M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$54.0B market value
Metric
BTC-MEMPOOL
MSTR
BTC holdings
3,721 BTC
843,775 BTC
Market value of BTC
$237.9M
$54.0B
Average cost per BTC
$34,404.59
$75,476.00
Total cost basis
$128.0M
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
235.8k
Last disclosed purchase
Feb 14, 2025
- Feb 14, 2025+0 BTC$42.6M
- Jul 7, 2023+0 BTC$27.2M
- Aug 26, 2022+0 BTC$28.5M
- Jun 10, 2022+0 BTC$21.9M
- Jul 6, 2026+-3,588 BTC$216.0M
BTC-MEMPOOL vs MSTR: frequently asked
Which company holds more Bitcoin, BTC-MEMPOOL or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to The Mempool Open Source Project's (BTC-MEMPOOL) 3,721 BTC — roughly 226.8× more.
What's the total Bitcoin value on the balance sheets of BTC-MEMPOOL and MSTR?▾
BTC-MEMPOOL holds $237.9M worth of Bitcoin at current market prices. MSTR holds $54.0B.
Who has a lower cost basis per BTC, BTC-MEMPOOL or MSTR?▾
BTC-MEMPOOL's average cost is $34,404.59 per BTC. MSTR's is $75,476.00. BTC-MEMPOOL is the lower cost basis.
When did BTC-MEMPOOL last buy Bitcoin?▾
BTC-MEMPOOL disclosed a 0 BTC purchase on February 14, 2025.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.