BTCCvsMSTR
Purpose Bitcoin ETF 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.
BTCC
Purpose Bitcoin ETF
🇨🇦 CA
18,633 BTC
$1.2B market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$54.0B market value
Metric
BTCC
MSTR
BTC holdings
18,633 BTC
843,775 BTC
Market value of BTC
$1.2B
$54.0B
Average cost per BTC
—
$75,476.00
Total cost basis
—
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
2.74M
235.8k
- May 14, 2026+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
BTCC vs MSTR: frequently asked
Which company holds more Bitcoin, BTCC or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Purpose Bitcoin ETF's (BTCC) 18,633 BTC — roughly 45.3× more.
What's the total Bitcoin value on the balance sheets of BTCC and MSTR?▾
BTCC holds $1.2B worth of Bitcoin at current market prices. MSTR holds $54.0B.
Who has a lower cost basis per BTC, BTCC or MSTR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BTCC last buy Bitcoin?▾
BTCC disclosed a 0 BTC purchase on May 14, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.