ShurIQ Interactive View · Issue 001 / View 05 · BitMine against SharpLink Research closed October 31, 2026
View 05 · BitMine against SharpLink

The market paid 84 cents on the dollar for BitMine's holdings and 72 cents for SharpLink's on October 30, 2026.

BitMine and SharpLink are two listed companies that hold ether. Hover or tap any figure to see the filing or release behind it.

Research closed October 31, 2026

BitMine
0.837
Market value over everything BitMine holds, October 30, 2026 close (derived)
SharpLink
0.715
Market value over everything SharpLink holds, same close (derived)
BitMine
6,051,933
Ether held on October 25, 2026, in a release filed with the SEC (company-asserted)
SharpLink
888,938
Ether held on August 3, 2026, its last count in a filed release (company-asserted)
BitMine and SharpLink at a glance

BitMine and SharpLink differ most on capital structure and on disclosure.

Each check compares the two companies on the same terms. Nothing here adds up to a score or a rank. Pick a check to open its figures.

CheckBitMineSharpLinkHow far apart
Check by check

Every figure below opens to the filing, release or arithmetic it comes from. Tag color shows the source: black for a filing, white for a company release, tan for arithmetic on filed or market figures and red for a figure missing from the filings. A dashed tag marks an unfiled company dashboard.

At $10,000 ether

In a $10,000 ether scenario with each stock priced at its net assets, a diluted share works out to $103.89 for BitMine and $38.97 for SharpLink.

Scenario arithmetic: full net assets at a premium of 1.0, divided by the diluted share count. The ether price is a scenario input. It is no forecast and no base case.

Company and share countEther price (scenario)Premium (scenario)Value per diluted share
BitMine, 580,326,394 shares after stated buybacks$10,0001.0$103.89Scenario
BitMine, 603,226,394 shares on the July 9, 2026 cover$10,0001.0$100.04Scenario
SharpLink, 217,223,604 shares on the August 3, 2026 cover$10,0001.0$38.97Scenario

The full grid, with the premium and share sales as inputs you can move, is in the BitMine scenario explorer.

The bitcoin analog

Strategy is the bitcoin counterpart: a listed company that holds bitcoin the way BitMine holds ether. Strategy has preferred stock and debt ahead of its common shares.