Public companies collectively hold over 1.26M BTC (6% of supply), with MicroStrategy leading at 847K BTC.
Macro & Markets ·
The top 100 public companies collectively hold 1,264,867 BTC, equivalent to approximately 6.02% of Bitcoin's 21 million maximum supply, according to data tracked by BTCtreasuries. MicroStrategy leads the group with 847,363 BTC, followed by Twenty One Capital (43,514 BTC), Metaplanet (43,000 BTC), and MARA Holdings (36,303 BTC). Other significant holders include 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).
The concentration reflects a trend of institutional capital moving into Bitcoin holdings as a corporate treasury asset. MicroStrategy's dominance—accounting for roughly two-thirds of the group's total—positions a single company as the largest Bitcoin holder among publicly traded entities by a substantial margin.
It remains unclear how these holdings may evolve, whether additional public companies plan similar acquisitions, or how regulatory or market shifts might influence corporate Bitcoin strategy in coming quarters.