Corporate Treasury Holdings

Public companies holding Bitcoin as a treasury reserve asset

Total Companies

15

Publicly traded

Total BTC Held

₿966,418

$65.83B

% of Supply

4.60%

Of 21M total

Top Holder

Strategy

₿673,783

Top 15 Corporate Bitcoin Holders

#CompanyCountryBitcoin HeldUSD Value% of Supply
1
Strategy
MSTR
USA₿673,783$45898.3M3.208%
2
MARA Holdings
MARA
USA₿53,250$3627.4M0.254%
3
Twenty One Capital
XXI
USA₿43,514$2964.2M0.207%
4
Metaplanet Inc.
MTPLF
Japan₿35,102$2391.2M0.167%
5
Bitcoin Standard Treasury
CEPO
USA₿30,021$2045.0M0.143%
6
Bullish
BLSH
USA₿24,300$1655.3M0.116%
7
Riot Platforms
RIOT
USA₿18,005$1226.5M0.086%
8
Coinbase Global
COIN
USA₿14,548$991.0M0.069%
9
Hut 8 Mining
HUT
USA₿13,696$933.0M0.065%
10
CleanSpark
CLSK
USA₿13,099$892.3M0.062%
11
Trump Media & Technology
DJT
USA₿11,542$786.2M0.055%
12
Tesla
TSLA
USA₿11,509$784.0M0.055%
13
Block
XYZ
USA₿8,780$598.1M0.042%
14
Cango Inc
CANG
China₿7,643$520.6M0.036%
15
Strive
ASST
USA₿7,626$519.5M0.036%

Top 5 Holdings Distribution

Top 10 by Bitcoin Holdings

0200000400000800000StrategyMARATwentyMetaplanetBitcoinBullishRiotCoinbaseHutCleanSpark

Market Insights

Corporate Adoption Trend

Public companies hold significant Bitcoin reserves. The data above reflects the latest known holdings from SEC filings and public disclosures.

Bullish Signal: Corporate adoption continues to accelerate, with mining companies (MARA, Riot, CleanSpark) and tech firms (Tesla, Block) treating Bitcoin as a strategic reserve asset. This institutional accumulation reduces circulating supply and validates Bitcoin's store-of-value thesis.

Strategy's Dominance

Strategy (formerly MicroStrategy) is the largest public company Bitcoin holder, maintaining a dominant share of all corporate BTC treasuries.

Market Impact: Strategy's aggressive accumulation strategy (buying dips, issuing convertible notes) has become the playbook for other companies. Their Bitcoin yield strategy generates returns for shareholders while reducing available supply. Watch their purchases as a leading indicator of corporate sentiment.

💡 Understanding Corporate Bitcoin Treasuries

Why Companies Hold Bitcoin: Corporations add Bitcoin to treasuries as an inflation hedge, alternative to cash reserves, and strategic asset. Unlike fiat currency, Bitcoin has a fixed supply of 21 million coins, making it attractive for long-term value preservation.

The Strategy Playbook: Strategy pioneered the "Bitcoin treasury company" model: (1) Issue convertible debt at low rates, (2) Use proceeds to buy Bitcoin, (3) Hold long-term, (4) Repeat. This creates a "Bitcoin yield" for shareholders as BTC/share increases over time.

Market Implications: Corporate holdings remove Bitcoin from circulating supply, creating scarcity. When companies like Tesla or Block announce purchases, it signals institutional confidence and often triggers price rallies. Monitor corporate accumulation as a macro indicator.