Corporate Bitcoin holdings top 1.2 million coins, over 6% of supply

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.

Share

Add us on Google
By Editorial Team
Edited by Vivian Nguyen

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.

Advertisement

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.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
MARKETS

Corporate Bitcoin holdings top 1.2 million coins, over 6% of supply

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.

By Editorial Team
Edited by Vivian Nguyen

Share

Add us on Google

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.

Advertisement

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.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.