Public Companies Hold Over 1 Million BTC, Strategy Leads with 636,505 BTC

According to BitcoinTreasuries.Net, publicly listed firms collectively hold over one million Bitcoin valued at more than $111 billion, reflecting accelerating corporate adoption despite mounting concerns about long-term treasury strategies.

BTC

187d ago

Fact Check

Multiple sources confirm that 'Strategy' (MicroStrategy) is the leading public company holder of Bitcoin, with holdings cited in a similar range (e.g., 628,946 BTC and 'more than 620,000 BTC'). While no single source provides a definitive cumulative total, the large number of public companies holding BTC (at least 79-100) and the substantial holdings of the top companies make the claim that the total exceeds 1 million BTC highly plausible and substantially correct.

Summary

BitcoinTreasuries.Net reports that public companies now hold 1,000,698 BTC, worth over $111 billion. Strategy leads with 636,505 BTC, while MARA Holdings has 52,477 BTC and XXI, founded by Jack Mallers, owns 43,514 BTC. Other significant holders include the Bitcoin Standard Treasury Company with 30,021 BTC, Bullish with 24,000 BTC, and Metaplanet with 20,000 BTC. Corporate demand has driven speculation about a Bitcoin supply shock as only 5.2% of total supply remains to be mined. Japan’s Metaplanet and U.S.-based Semler Scientific aim for much larger holdings by 2027. Global corporate ownership spans 120 public companies outside the U.S., though ETFs and exchanges hold more BTC. Critics, including analysts from Glassnode and VanEck, have raised concerns about the sustainability of these strategies.

Terms & Concepts

BTC (Bitcoin): The original and most widely used cryptocurrency, functioning as a decentralized digital currency without a central authority.
BitcoinTreasuries.Net: A platform that tracks the Bitcoin holdings of publicly traded companies, providing insights into the institutional adoption of digital assets.