Live data · holdings as of 2026-09-01
Bitcoin treasury companies — who holds the most BTC
The top 10 public companies hold 1,087,105 BTC (~$85.7B at today's $78,859). Updated monthly from filings and disclosures; USD values refresh on every deploy.
Top 10 public corporates
| # | Entity | BTC held | USD value | 1-mo Δ | 12-mo Δ | Trend |
|---|---|---|---|---|---|---|
| 1 | Strategy MSTR | 845,050 | $66.6B | +1,275 (+0.2%) | +205,019 (+32.0%) | |
| 2 | Twenty One XXI | 43,514 | $3.4B | +0 (+0.0%) | +9,914 (+29.5%) | |
| 3 | Metaplanet MPJPY | 43,000 | $3.4B | +0 (+0.0%) | +20,600 (+92.0%) | |
| 4 | MARA Holdings MARA | 35,577 | $2.8B | −726 (−2.0%) | −14,723 (−29.3%) | |
| 5 | Bitcoin Std BSTR | 30,021 | $2.4B | +0 (+0.0%) | +12,021 (+66.8%) | |
| 6 | Bullish BLSH | 24,400 | $1.9B | +0 (+0.0%) | +4,900 (+25.1%) | |
| 7 | Strive ASST | 23,156 | $1.8B | +3,157 (+15.8%) | +23,156 (new) | |
| 8 | Coinbase COIN | 17,311 | $1.4B | +0 (+0.0%) | +4,811 (+38.5%) | |
| 9 | Hut 8 HUT | 13,696 | $1.1B | +0 (+0.0%) | +1,896 (+16.1%) | |
| 10 | Riot Platforms RIOT | 11,380 | $0.9B | −4,300 (−27.4%) | −6,420 (−36.1%) |
Holdings data as of 2026-09-01 · trailing 13 monthly snapshots (Sep 2025 → Sep 2026) · sourced from 8-K filings, sponsor disclosures, and bitcointreasuries.net. Click a company for its full history.
Top 10 across all entity types
Corporates are only part of the picture — exchanges, ETFs, and governments custody far more. Excludes Satoshi Nakamoto's ~1.1M dormant BTC.
| # | Entity | BTC held | USD value | 1-mo Δ | 12-mo Δ | Trend |
|---|---|---|---|---|---|---|
| 1 | Coinbase (custody) Exchange | 968,000 | $76.3B | +0 (+0.0%) | +148,000 (+18.0%) | |
| 2 | Strategy Corporate | 845,050 | $66.6B | +1,275 (+0.2%) | +205,019 (+32.0%) | |
| 3 | BlackRock IBIT ETF | 779,840 | $61.5B | +40,774 (+5.5%) | +54,840 (+7.6%) | |
| 4 | Binance Exchange | 638,000 | $50.3B | +0 (+0.0%) | +48,000 (+8.1%) | |
| 5 | Fidelity custody ETF/Custody | 456,000 | $36B | +0 (+0.0%) | +76,000 (+20.0%) | |
| 6 | US Government Government | 328,372 | $25.9B | +0 (+0.0%) | +103,372 (+45.9%) | |
| 7 | Block.one Private | 164,000 | $12.9B | +0 (+0.0%) | +0 (+0.0%) | |
| 8 | Grayscale GBTC ETF | 130,487 | $10.3B | −2,952 (−2.2%) | −69,513 (−34.8%) | |
| 9 | Tether Stablecoin | 98,933 | $7.8B | +0 (+0.0%) | +11,433 (+13.1%) | |
| 10 | ARK 21Shares ARKB ETF | 33,957 | $2.7B | +155 (+0.5%) | −24,543 (−42.0%) |
Government and exchange figures are on-chain estimates (Arkham et al.) and may carry ±5-10% uncertainty.
How to compare these companies
Headline BTC counts mislead. What matters per share: BTC per share, mNAV, and funding model. A company holding 40k BTC at 1.1x mNAV can be a better deal than one holding 800k at 2x. For Strategy specifically, see the live MSTR mNAV reading.
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Auto-generated on each deploy. Holdings refreshed monthly. Educational information only — not investment advice.
Sources & provenance
Published 2026-06-09 · last substantive update 2026-09-02. Dates advance only when the underlying figures change, not on every deploy. Written and maintained by the BTC Exposure editorial team. Corrections: use the Feedback form on the dashboard.
- BitcoinTreasuries.net — cross-company treasury holdings
- Strategy — official Bitcoin tracker (holdings, diluted shares, debt, preferreds, cash)
- SEC EDGAR — Strategy (MSTR) 8-K filings, where BTC purchases are disclosed
- CoinGecko — Bitcoin spot price
- BTC Exposure — data sources, formulas, and limitations
Full formulas, update cadence, and known limitations: methodology & data sources.