Corporate Bitcoin holdings top 1.2 million coins, over 6% of supply
Corporate treasuries are quietly absorbing Bitcoin at a pace that's starting to reshape the asset's supply dynamics, with Strategy alone sitting on 847,363 BTC.
Public companies now hold nearly 1.3 million Bitcoin, equivalent to more than 6% of the digital asset’s total supply, with 209 firms holding the asset on their balance sheets, according to data from BitcoinTreasuries.net.
Strategy remains the largest corporate holder, owning more than 847,363 Bitcoin, or over 4% of total supply, with its holdings valued at about $53 billion. Twenty One Capital ranks second with 43,514 Bitcoin, followed closely by Metaplanet with 43,000.
Elon Musk’s SpaceX holds 18,712 Bitcoin, making it the eighth-largest corporate holder, while his electric-vehicle maker Tesla owns another 11,509 Bitcoin.
Meanwhile, exchange-traded funds and crypto exchanges collectively hold about 1.6 million Bitcoin, equivalent to 7.7% of the total supply. BlackRock’s iShares Bitcoin Trust alone accounts for around 3.9% of Bitcoin in circulation.