VANAvsMSTR
Vanadi Coffee 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.
Metric
VANA
MSTR
BTC holdings
223 BTC
843,775 BTC
Market value of BTC
$14.3M
$53.9B
Average cost per BTC
$96,273.61
$75,476.00
Total cost basis
$21.5M
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
235.8k
Last disclosed purchase
Jun 30, 2026
- Jun 30, 2026+10 BTC$583.1K
- Mar 23, 2026+4 BTC$286.6K
- Mar 6, 2026+4 BTC$282.8K
- Feb 26, 2026+5 BTC$335.2K
- Feb 13, 2026+7 BTC$466.4K
VANA vs MSTR: frequently asked
Which company holds more Bitcoin, VANA or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to Vanadi Coffee's (VANA) 223 BTC — roughly 3783.7× more.
What's the total Bitcoin value on the balance sheets of VANA and MSTR?▾
VANA holds $14.3M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, VANA or MSTR?▾
VANA's average cost is $96,273.61 per BTC. MSTR's is $75,476.00. MSTR is the lower cost basis.
When did VANA last buy Bitcoin?▾
VANA disclosed a 10 BTC purchase on June 30, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.