NDA.VvsMSTR
Neptune Digital Assets 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.
NDA.V
Neptune Digital Assets
🇨🇦 CA
420 BTC
$27.2M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$54.6B market value
Metric
NDA.V
MSTR
BTC holdings
420 BTC
843,775 BTC
Market value of BTC
$27.2M
$54.6B
Average cost per BTC
$34,250.00
$75,476.00
Total cost basis
$14.4M
$63.7B
mNAV (market cap ÷ BTC value)
2.04×
0.60×
Sats per share
327
235.8k
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 MSTR: frequently asked
Which company holds more Bitcoin, NDA.V or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Neptune Digital Assets's (NDA.V) 420 BTC — roughly 2009.0× more.
What's the total Bitcoin value on the balance sheets of NDA.V and MSTR?▾
NDA.V holds $27.2M worth of Bitcoin at current market prices. MSTR holds $54.6B.
Who has a lower cost basis per BTC, NDA.V or MSTR?▾
NDA.V's average cost is $34,250.00 per BTC. MSTR's is $75,476.00. 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 MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.