MSTRvsXXI
Strategy vs Twenty One Capital
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.
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.7B market value
XXI
Twenty One Capital
🇺🇸 US
43,514 BTC
$2.8B market value
Metric
MSTR
XXI
BTC holdings
843,775 BTC
43,514 BTC
Market value of BTC
$53.7B
$2.8B
Average cost per BTC
$75,476.00
$84,865.00
Total cost basis
$63.7B
$3.7B
mNAV (market cap ÷ BTC value)
0.61×
0.64×
Sats per share
235.8k
12.5k
Last disclosed purchase
Jul 6, 2026
- 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
- Jun 1, 2026+-32 BTC$2.5M
MSTR vs XXI: frequently asked
Which company holds more Bitcoin, MSTR or XXI?▾
Strategy (MSTR) holds 843,775 BTC, compared to Twenty One Capital's (XXI) 43,514 BTC — roughly 19.4× more.
What's the total Bitcoin value on the balance sheets of MSTR and XXI?▾
MSTR holds $53.7B worth of Bitcoin at current market prices. XXI holds $2.8B.
Who has a lower cost basis per BTC, MSTR or XXI?▾
MSTR's average cost is $75,476.00 per BTC. XXI's is $84,865.00. MSTR is the lower cost basis.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.
When did XXI last buy Bitcoin?▾
XXI disclosed a -1 BTC purchase on May 13, 2026.