Amid the surge in interest in Bitcoin among institutional players, this article highlights the top 20 biggest BTC holders.
Institutional interest in Bitcoin has been surged over the years. Major companies, including public companies such as MicroStrategy, currently have a significant amount of BTC in their reserves. These companies spread across a wide range of industries worldwide, with US companies dominating the list.
MicroStrategy leads Mara, Riot and Trump Media Company
In particular, MicroStrategy, renamed Strategy, holds its first position at 607,770 Bitcoin. The company began purchasing Bitcoin on August 11, 2020. In particular, the strategy acquired BTC with an average cost of $71,777, bringing it to a total of $43.62 billion.
In particular, Donald Trump Media & Technology Group (TMTG), which holds 18,430 BTC, will become Bitcoin’s fifth largest public holder. Following the surge in Bitcoin prices, TMTG’s Bitcoin retention is currently valued at $2.16 billion.
The middle place
Meanwhile, Japan-based Metaplanet and US-headquartered Galaxy Digital Holdings are ranked as the sixth and seventh largest public holders of Bitcoin. They hold 16,352 btc and 12,830 bitcoins, respectively, worth $1.92 billion and $1.5 billion, respectively.
CleanSpark, Tesla and Hut 8 Mining ranks 8th, 9th and 10th on the public Bitcoin Finance Company leaderboards. Data shows CleanSpark owns 12,608 btc ($1.48 billion), while Tesla and Hut 8 hold about 11,509 BTC ($1.35 billion) and 10,273 BTC ($1.2 billion) respectively.
Ranked 11th and 12th are Coinbase and Block Inc., which holds 9,267 BTC ($1.08 billion) and 8,584 BTC ($1 billion) respectively at the Treasury Department.
The 13th, 14th and 15th Bitcoin holders are the next technology holders, Procap BTC, and Semler Scientific. In particular, these public agencies have around $5,833, 4,932, and $4,846 in BTC, worth around $686 million, $580 million and $570 million, respectively.
We conclude our top 20
Additionally, GameStop, which recently announced its venture into the Bitcoin market, ranks as Bitcoin’s 16th largest public holder, with holdings of 4,710 BTC worth $554 million.
Cango Inc., Bitcoin Group, Boya Interactive International and Microcloud Hologram dominate the bottom of the top 20 list. The data currently holds around 4,240 BTC, 3,605 BTC, 3,350 BTC and 2,353 BTC, indicating that it is worth $498 million, $424 million, $394 million and $277 million, respectively.
The top 20 largest public holders of Bitcoin
It is worth noting that this list captures the top 20 public companies holding Bitcoin. According to Bitcointreasuries, there are more than 140 public owners of Bitcoin, with 887,301 btc holdings worth around $1043.1 billion.
