Leaderboard / Mining / United States

MARA Holdings (MARA) bitcoin per share

BTC per share

0.00009259

BTC held ÷ shares outstanding

Sats per share

9,259.32 sats

1 BTC = 100,000,000 sats

BTC held

35,303 BTC

as of August 3, 2026

Shares outstanding

381,270,000

basic, as of August 3, 2026

USD value per share

live BTC spot × BTC per share

Leaderboard rank

#14 of 81

Data confidence: high

MARA Holdings is a bitcoin miner, and miner treasuries behave differently from buy-and-hold balance sheets. Coins arrive as production and leave as funding for power, hardware and, increasingly, AI data center buildouts, so the per-share figure drifts month to month rather than moving in discrete purchase announcements. Listed on Nasdaq and based in the United States, it holds 35,303 BTC against 381,270,000 shares outstanding, which works out to 9,259.32 satoshis per share. That puts it at rank 14 of 81 on the bitcoinps.com leaderboard, in the upper half of listed corporate holders on a per-share basis.

The math

The calculation is deliberately simple: 35,303 BTC (as of August 3, 2026) divided by 381,270,000 basic shares (as of August 3, 2026) gives 0.00009259 BTC per share. Put another way, you would need roughly 10,800 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.

Holdings context

This is one of the more interesting rows on the board: the company has been selling bitcoin while buying back its own stock. Selling coins cuts the numerator, but retiring shares cuts the denominator, and when the stock trades below its bitcoin value per share the swap can actually raise BTC per share.

Analyst note (2026-08-03): MARA is now a net SELLER: sold 15,133 BTC in March 2026 (to 38,689) to fund convert repurchases, and revised 2026 treasury policy to allow ongoing balance-sheet BTC sales. CoinGecko 35,303 consistent with continued sales - holdings declining, refresh often.

What would change this number

New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
Buybacks. The company has been repurchasing its own shares. Buybacks shrink the denominator, so each remaining share represents more bitcoin, which is why treasury companies trading below their bitcoin value per share often prefer buybacks to new coin purchases.
Production and treasury sales. As a miner, the company adds coins through block rewards and routinely sells production to fund operations and capital spending. The balance between mined and sold bitcoin sets the monthly drift in this figure, independent of any financing activity.

Quick reference: at the current figure, roughly 10,800 shares of MARA represent one full bitcoin.

Sources

Listed on Nasdaq. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.