Arkham ranks Bitcoin’s pseudonymous creator as the largest holder, ahead of Coinbase, Strategy, BlackRock, Binance and the U.S. government.
Satoshi Nakamoto remains the largest Bitcoin holder identified by Arkham, with about 1.096 million BTC worth roughly $71 billion. Arkham’s latest ranking puts Coinbase second with about 981,000 BTC, followed by Strategy with 844,000 BTC, BlackRock with 732,000 BTC, Binance with 675,000 BTC, and the U.S. government with about 325,000 BTC. The updated figures mark a notable change from Arkham data previously cited in this topic, which had placed Strategy at about 481,767 BTC and listed BlackRock ahead of it. The rankings underscore how Bitcoin supply remains concentrated among early holdings, major exchanges, institutional vehicles and government-seized assets.