RIOTvsMSTR
Riot Platforms 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.
RIOT
Riot Platforms
🇺🇸 US
15,679 BTC
$997.8M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.7B market value
Metric
RIOT
MSTR
BTC holdings
15,679 BTC
843,775 BTC
Market value of BTC
$997.8M
$53.7B
Average cost per BTC
$60,299.00
$75,476.00
Total cost basis
$945.4M
$63.7B
mNAV (market cap ÷ BTC value)
7.65×
0.61×
Sats per share
4.1k
235.8k
Last disclosed purchase
Apr 30, 2026
- Apr 30, 2026+-2,326 BTC$177.5M
- Mar 2, 2026+-1,282 BTC$88.2M
- Oct 30, 2025+14 BTC$1.5M
- Jul 31, 2025+50 BTC$5.8M
- May 1, 2025+1,501 BTC$144.9M
RIOT vs MSTR: frequently asked
Which company holds more Bitcoin, RIOT or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Riot Platforms's (RIOT) 15,679 BTC — roughly 53.8× more.
What's the total Bitcoin value on the balance sheets of RIOT and MSTR?▾
RIOT holds $997.8M worth of Bitcoin at current market prices. MSTR holds $53.7B.
Who has a lower cost basis per BTC, RIOT or MSTR?▾
RIOT's average cost is $60,299.00 per BTC. MSTR's is $75,476.00. RIOT is the lower cost basis.
When did RIOT last buy Bitcoin?▾
RIOT disclosed a -2,326 BTC purchase on April 30, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.