U.S. public companies now hold 1.24M BTC (92.7% of all corporate holdings globally), adding 510k BTC in the past year—more than triple the mining supply.
Macro & Markets ·
U.S. public companies hold 1.24 million BTC, representing 92.7% of all bitcoin held by public companies globally. Over the past 12 months, American companies added 510,000 BTC—more than three times the volume of bitcoin mined domestically in the same period, according to River research.
This concentration reflects broader American dominance in the bitcoin ecosystem. The U.S. accounts for 37.5% of bitcoin's global mining hashrate, exceeding the combined share of the next five countries. More than 150 bitcoin companies operate from the U.S., alongside 50-plus mining operations, each drawing over 10 megawatts of power. Americans hold an estimated 42% of all bitcoin in circulation, while 18.6% of American adults—roughly 49.6 million people—own bitcoin.
Questions remain about the sustainability and composition of this accumulation. The material does not specify which companies have made the largest additions, whether purchases are accelerating or decelerating, or how the 510,000 BTC figure breaks down by firm size and industry. The drivers behind the scale of this past-year inflow relative to earlier periods also remain uncharacterized.