MSBTvsTYO:3350
Morgan Stanley (MSBT) Bitcoin Trust ETP vs Metaplanet
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.
MSBT
Morgan Stanley (MSBT) Bitcoin Trust ETP
🇺🇸 US
5,761 BTC
$368.3M market value
TYO:3350
Metaplanet
🇯🇵 JP
43,000 BTC
$2.7B market value
Metric
MSBT
TYO:3350
BTC holdings
5,761 BTC
43,000 BTC
Market value of BTC
$368.3M
$2.7B
Average cost per BTC
—
$95,209.00
Total cost basis
—
$4.1B
mNAV (market cap ÷ BTC value)
—
0.49×
Sats per share
45.4k
4.8k
- Jul 9, 2026+34 BTC$2.2M
- Jul 9, 2026+35 BTC$2.2M
- Jul 6, 2026+172 BTC$10.9M
- Jul 6, 2026+171 BTC$11.0M
- Jul 1, 2026+496 BTC$30.5M
MSBT vs TYO:3350: frequently asked
Which company holds more Bitcoin, MSBT or TYO:3350?▾
Metaplanet (TYO:3350) holds 43,000 BTC, compared to Morgan Stanley (MSBT) Bitcoin Trust ETP's (MSBT) 5,761 BTC — roughly 7.5× more.
What's the total Bitcoin value on the balance sheets of MSBT and TYO:3350?▾
MSBT holds $368.3M worth of Bitcoin at current market prices. TYO:3350 holds $2.7B.
Who has a lower cost basis per BTC, MSBT or TYO:3350?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did MSBT last buy Bitcoin?▾
MSBT disclosed a 34 BTC purchase on July 9, 2026.
When did TYO:3350 last buy Bitcoin?▾
TYO:3350 disclosed a 5,075 BTC purchase on April 2, 2026.