The landscape of Bitcoin ownership has shifted dramatically, with publicly traded corporations collectively controlling a significant portion of the cryptocurrency’s total supply. According to the latest figures from BTC Treasuries, the top 100 public companies worldwide now hold 1,264,867 BTC, representing 6.02% of Bitcoin’s capped 21 million coins. This milestone highlights the accelerating institutional embrace of Bitcoin as a treasury asset.
Leading the charge is Strategy (formerly MicroStrategy), which dominates the list with 847,363 BTC—more than two-thirds of all corporate holdings. The firm’s aggressive accumulation, championed by co-founder Michael Saylor, has cemented its position as the largest corporate Bitcoin holder globally. Rounding out the top ten are a mix of investment vehicles, mining operations, and exchanges, including Twenty-One Capital (43,514 BTC), Metaplanet (43,000 BTC), MARA Holdings (36,303 BTC), Bitcoin Standard Treasury Company (30,021 BTC), Bullish (24,300 BTC), Strive (19,864 BTC), SpaceX (18,712 BTC), Coinbase Global (16,492 BTC), and Riot Platforms (15,680 BTC).
This concentration of Bitcoin within corporate treasuries carries dual implications. On one hand, it signals growing institutional confidence in Bitcoin as a store of value and a hedge against inflation. On the other, it raises concerns about market liquidity and centralization. Large-scale sales by any major holder could exert downward price pressure, while continued accumulation might reduce exchange supply and support long-term appreciation.
For the broader market, the data reflects Bitcoin’s evolution from a speculative retail asset to a legitimate component of corporate treasury management. As more firms consider similar allocations, the percentage of supply held by institutions is poised to grow, further integrating Bitcoin into the global financial system.
