BRRvsMSTR
ProCap Financial 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.
BRR
ProCap Financial
🇺🇸 US
5,457 BTC
$348.9M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.9B market value
Metric
BRR
MSTR
BTC holdings
5,457 BTC
843,775 BTC
Market value of BTC
$348.9M
$53.9B
Average cost per BTC
$92,128.00
$75,476.00
Total cost basis
$502.7M
$63.7B
mNAV (market cap ÷ BTC value)
0.45×
0.61×
Sats per share
6.0k
235.8k
Last disclosed purchase
Mar 2, 2026
- Mar 2, 2026+0 BTC$36.0M
- Mar 2, 2026+450 BTC$36.0M
- Dec 11, 2025+0 BTC$4.6M
- Dec 11, 2025+0 BTC$516.6M
- Dec 11, 2025+4,951 BTC$516.6M
BRR vs MSTR: frequently asked
Which company holds more Bitcoin, BRR or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to ProCap Financial's (BRR) 5,457 BTC — roughly 154.6× more.
What's the total Bitcoin value on the balance sheets of BRR and MSTR?▾
BRR holds $348.9M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, BRR or MSTR?▾
BRR's average cost is $92,128.00 per BTC. MSTR's is $75,476.00. MSTR is the lower cost basis.
When did BRR last buy Bitcoin?▾
BRR disclosed a 0 BTC purchase on March 2, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.