BTCWvsMSTR
WisdomTree 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.
BTCW
WisdomTree Bitcoin Fund
🇺🇸 US
2,163 BTC
$138.3M market value
MSTR
Strategy
🇺🇸 US
843,775 BTC
$53.9B market value
Metric
BTCW
MSTR
BTC holdings
2,163 BTC
843,775 BTC
Market value of BTC
$138.3M
$53.9B
Average cost per BTC
—
$75,476.00
Total cost basis
—
$63.7B
mNAV (market cap ÷ BTC value)
—
0.61×
Sats per share
—
- Jun 22, 2026+53 BTC$3.4M
- Jun 10, 2026+16 BTC$1.0M
- May 13, 2026+0 BTC$147.3M
- Apr 28, 2026+0 BTC—
- Apr 22, 2026+81 BTC$6.3M
BTCW vs MSTR: frequently asked
Which company holds more Bitcoin, BTCW or MSTR?▾
Strategy (MSTR) holds 843,775 BTC, compared to WisdomTree Bitcoin Fund's (BTCW) 2,163 BTC — roughly 390.1× more.
What's the total Bitcoin value on the balance sheets of BTCW and MSTR?▾
BTCW holds $138.3M worth of Bitcoin at current market prices. MSTR holds $53.9B.
Who has a lower cost basis per BTC, BTCW or MSTR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did BTCW last buy Bitcoin?▾
BTCW disclosed a 53 BTC purchase on June 22, 2026.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -3,588 BTC purchase on July 6, 2026.