XXIvsMSTR
Twenty One Capital 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.
XXI
Twenty One Capital
🇺🇸 US
43,514 BTC
$2.8B market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.7B market value
Metric
XXI
MSTR
BTC holdings
43,514 BTC
843,775 BTC
Market value of BTC
$2.8B
$53.7B
Average cost per BTC
$84,865.00
$75,476.00
Total cost basis
$3.7B
$63.7B
mNAV (market cap ÷ BTC value)
0.64×
0.61×
Sats per share
12.5k
235.8k
Last disclosed purchase
May 13, 2026
- May 13, 2026+-1 BTC$93.7K
- May 13, 2026+0 BTC$79.3K
- Mar 31, 2026+0 BTC$375.4M
- Mar 31, 2026+0 BTC$458.7M
- Mar 31, 2026+0 BTC$147.5M
XXI vs MSTR: frequently asked
Which company holds more Bitcoin, XXI or MSTR?▾
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 XXI and MSTR?▾
XXI holds $2.8B worth of Bitcoin at current market prices. MSTR holds $53.7B.
Who has a lower cost basis per BTC, XXI or MSTR?▾
XXI's average cost is $84,865.00 per BTC. MSTR's is $75,476.00. MSTR is the lower cost basis.
When did XXI last buy Bitcoin?▾
XXI disclosed a -1 BTC purchase on May 13, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.