BRRRvsMSTR
Valkyrie Bitcoin Fund 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.
BRRR
Valkyrie Bitcoin Fund
🇺🇸 US
5,714 BTC
$365.3M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.9B market value
Metric
BRRR
MSTR
BTC holdings
5,714 BTC
843,775 BTC
Market value of BTC
$365.3M
$53.9B
Average cost per BTC
—
$75,476.00
Total cost basis
—
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
- Jul 10, 2026+-316 BTC$20.3M
- Jul 8, 2026+322 BTC$20.0M
- Jul 7, 2026+-140 BTC$8.9M
- Jul 2, 2026+28 BTC$1.7M
- Jul 1, 2026+-145 BTC$8.7M
BRRR vs MSTR: frequently asked
Which company holds more Bitcoin, BRRR or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Valkyrie Bitcoin Fund's (BRRR) 5,714 BTC — roughly 147.7× more.
What's the total Bitcoin value on the balance sheets of BRRR and MSTR?▾
BRRR holds $365.3M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, BRRR or MSTR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BRRR last buy Bitcoin?▾
BRRR disclosed a -316 BTC purchase on July 10, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.