MSTRvsSPCX
Strategy vs SpaceX
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.
Metric
MSTR
SPCX
BTC holdings
845,256 BTC
18,712 BTC
Market value of BTC
$54.5B
$1.2B
Average cost per BTC
$75,683.00
$35,325.00
Total cost basis
$64.0B
$661.0M
mNAV (market cap ÷ BTC value)
0.75×
—
Sats per share
255.5k
—
Last disclosed purchase
6/8/2026
- 6/8/2026+1,550 BTC$101.3M
- 6/1/2026+-32 BTC-$2.5M
- 5/18/2026+24,869 BTC$2.0B
- 5/11/2026+535 BTC$43.0M
- 4/27/2026+3,273 BTC$255.0M
No tracked purchases yet
MSTR vs SPCX: frequently asked
Which company holds more Bitcoin, MSTR or SPCX?▾
Strategy (MSTR) holds 845,256 BTC, compared to SpaceX's (SPCX) 18,712 BTC — roughly 45.2× more.
What's the total Bitcoin value on the balance sheets of MSTR and SPCX?▾
MSTR holds $54.5B worth of Bitcoin at current market prices. SPCX holds $1.2B.
Who has a lower cost basis per BTC, MSTR or SPCX?▾
MSTR's average cost is $75,683.00 per BTC. SPCX's is $35,325.00. SPCX is the lower cost basis.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a 1,550 BTC purchase on June 8, 2026.
When did SPCX last buy Bitcoin?▾
SPCX's last BTC purchase isn't in our tracked history yet.