Bitcoin treasury comparisons
Strategy (MSTR) is the world's largest corporate Bitcoin treasury and the benchmark every other vehicle is measured against. Here we compare it, head to head and with live data, against other pure-play treasury companies and against the US spot ETFs: Bitcoin holdings, mNAV, cost, structure and custody.
Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.
MSTR vs other treasuries
Two pure-play Bitcoin treasury companies side by side: who holds more BTC and at what mNAV each one trades.
MSTR vs spot ETFs
Treasury company or ETF? Two distinct ways to gain Bitcoin exposure: mNAV and leverage versus cost and 1:1 backing.