PNIX.AQSEvsMSTR
Phoenix Digital Assets PLC 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.
PNIX.AQSE
Phoenix Digital Assets PLC
🇬🇧 GB
246 BTC
$15.8M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.9B market value
Metric
PNIX.AQSE
MSTR
BTC holdings
246 BTC
843,775 BTC
Market value of BTC
$15.8M
$53.9B
Average cost per BTC
—
$75,476.00
Total cost basis
—
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
235.8k
Last disclosed purchase
Dec 29, 2023
- Dec 29, 2023+0 BTC—
- Jul 6, 2026+-3,588 BTC$216.0M
- Jun 22, 2026+520 BTC$34.9M
- Jun 15, 2026+1,587 BTC$100.0M
- Jun 8, 2026+1,550 BTC$101.3M
PNIX.AQSE vs MSTR: frequently asked
Which company holds more Bitcoin, PNIX.AQSE or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Phoenix Digital Assets PLC's (PNIX.AQSE) 246 BTC — roughly 3424.4× more.
What's the total Bitcoin value on the balance sheets of PNIX.AQSE and MSTR?▾
PNIX.AQSE holds $15.8M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, PNIX.AQSE or MSTR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did PNIX.AQSE last buy Bitcoin?▾
PNIX.AQSE disclosed a 0 BTC purchase on December 29, 2023.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.