NDA.VvsMARA
Neptune Digital Assets 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.
NDA.V
Neptune Digital Assets
🇨🇦 CA
420 BTC
$27.2M market value
MARA
Marathon Digital
🇺🇸 US
35,303 BTC
$2.3B market value
Metric
NDA.V
MARA
BTC holdings
420 BTC
35,303 BTC
Market value of BTC
$27.2M
$2.3B
Average cost per BTC
$34,250.00
$68,236.16
Total cost basis
$14.4M
$2.4B
mNAV (market cap ÷ BTC value)
2.04×
2.03×
Sats per share
327
9.3k
Last disclosed purchase
Mar 30, 2026
- Mar 30, 2026+0 BTC—
- Dec 19, 2025+0 BTC—
- Oct 7, 2025+0 BTC—
- May 30, 2025+0 BTC—
- Apr 9, 2025+0 BTC—
NDA.V vs MARA: frequently asked
Which company holds more Bitcoin, NDA.V or MARA?▾
Marathon Digital (MARA) holds 35,303 BTC, compared to Neptune Digital Assets's (NDA.V) 420 BTC — roughly 84.1× more.
What's the total Bitcoin value on the balance sheets of NDA.V and MARA?▾
NDA.V holds $27.2M worth of Bitcoin at current market prices. MARA holds $2.3B.
Who has a lower cost basis per BTC, NDA.V or MARA?▾
NDA.V's average cost is $34,250.00 per BTC. MARA's is $68,236.16. NDA.V is the lower cost basis.
When did NDA.V last buy Bitcoin?▾
NDA.V disclosed a 0 BTC purchase on March 30, 2026.
When did MARA last buy Bitcoin?▾
MARA disclosed a -3,386 BTC purchase on May 11, 2026.