Arcam, a cryptocurrency analysis and monitoring platform, has released a comprehensive study of the individuals, organizations, and wallets that own the most Bitcoin in 2026.
Bitcoin’s anonymous founder Satoshi Nakamoto becomes by far the largest asset when different wallets are grouped under a single asset, according to a report $BTC holder.
According to Arkham’s tagging system, which is based on a mining pattern known as the “Patoshi pattern,” Satoshi controls about 1.096 million. $BTC. In today’s prices, this amount equates to approximately $75 billion. According to the study, these assets were derived from mining rewards of approximately 22,000 blocks.
Looking at individual wallets, the largest address is a cold wallet from cryptocurrency exchange Binance, with approximately 250,000 addresses. $BTC.
The top four spots were once again dominated by cold wallets from major cryptocurrency exchanges. In fifth place was a wallet containing assets controlled by U.S. authorities that was seized after a 2016 hack. Meanwhile, the sixth place is occupied by the address that manages the Bitcoin reserves of stablecoin issuer Tether.
Bitcoin rose to around $126,000 in October 2025, peaking at a market capitalization of $2.48 trillion, leading to the emergence of a large number of new Bitcoin billionaires.
Bitcoin is a decentralized digital asset, meaning there is no single owner of the entire network. However, the person or organization that controls the private key is considered the owner of the respective key. $BTC assets.
In the organization-based ranking, Coinbase is in second place with approximately 993,000. $BTC. Then:
- BlackRock (ETF issuer) – 761,000 $BTC
- Binance – 661,000 $BTC
- Fidelity Investment (custodial service) – 448,000 $BTC
- Strategy – 415,000 $BTC On-chain (total management amount: 714,000) $BTC)
In the state category, the US government is the largest Bitcoin holder. The United States holds approximately 328,000 assets, including assets seized as a result of operations against various criminal organizations. $BTC.
Other government agencies that can be verified on-chain include:
- UK – 61,000 $BTC
- El Salvador – 7,500 $BTC
- UAE Royal Group (Citadel Mining) – 6,800 $BTC
- Royal Government of Bhutan (Druk Holdings) – 5,600 $BTC
- Russian Government – 1,000 $BTC
Arkham points out that more governments may own Bitcoin, but they are not yet verified on-chain.
The report also states that there are a large number of unnamed billion-dollar Bitcoin wallets, most of which have been inactive for long periods of time since they were first introduced. This indicates that a significant portion of the circulating supply does not participate in an active market.
*This is not investment advice.
