List of Companies and Funds with Bitcoin Holdings
Two million three hundred thousand, or 11% of the 21 million total token supply, bitcoins are owned by companies and exchange-traded funds (ETFs) as of November 27, 2024, according to Bitcoin Treasuries.
By the numbers: The number of $BTC holdings per category
- ETFs: 1,249,888 $BTC
- Public Companies: 508,554 $BTC
- Private Companies: 366,738 $BTC
- BTC Mining Companies: 69,467 $BTC
The amount of $BTC these entities own shows that the first-ever cryptocurrency to exist is now an institutionโnot just for small traders and community hype enjoyersโbecause even big companies are now believing in the power of this digital asset.
Table of Contents
The Top Five Entities That Own Bitcoin (Per Category)
Exchange-Traded Funds
An ETF is a pooled investment security that can be bought and sold like a stock offered by a centralized exchange, as defined by Investopedia.
- Basically, investors will buy $BTC ETFs but only the exchange will hold and sell the assets if they decided to.ย
- By definition, a Bitcoin ETF is a financial instrument that allows investors to gain exposure to the leading crypto $BTC through traditional stock exchanges rather than cryptocurrency exchanges.ย
- Worth Reading: Why is Bitcoin Exchange-Traded Fund a Big Deal? | Bitcoin ETF Guide
iShares Bitcoin Trust
- What is it? Short for IBIT, it was launched in January 2024 by Blackrock, an American multinational investment company founded in 1988.ย
- Total Bitcoin Holdings: 495,443.7
- Value in U.S. Dollars: $47.79 Billion
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Grayscale Bitcoin Trust
- What is it? Short for GBTC, it is the flagship product of Grayscale, a crypto asset manager by assets under management (AUM) founded in 2013.
- Total Bitcoin Holdings: 215,940.8
- Value in U.S. Dollars: $20.83 Billion
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: New York Stock Exchange
Fidelity Wise Origin Bitcoin Fund
- What is it? Short for FBTC, it is one of the products offered by Fidelity Investments,ย an American multinational financial services corporation that is known as one of the largest mutual fund companies in the country.
- Total Bitcoin Holdings: 196,306.4
- Value in U.S. Dollars: $18.93 Billion
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Chicago Board Options Exchange
ARK 21Shares Bitcoin ETF
- What is it? Short for ARKB, it is a product formed through a joint partnership of 21Shares, a Switzerland-based company that offers a suite of cryptocurrency exchange-traded products, and ARK, a global asset manager specializing in thematic investing.
- Total Bitcoin Holdings: 48,741.8
- Value in U.S. Dollars: $4.70 Billion
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Chicago Board Options Exchange
XBT Provider ETPs by CoinShares
- What is it? Short for XBTE, it is an ETF with two issuers, XBT Provider AB, a crypto investment platform that offers โasset management, and CoinShares Digital Securities Limited, a European alternative asset manager specializing in digital assets.
- Total Bitcoin Holdings: 48,466
- Value in U.S. Dollars: $4.64 Billion
- Country: Switzerland
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Public Companies
A publicly traded company is a corporation whose shareholders have a claim to part of the company’s assets and profits, Investopedia explained.
MicroStrategy
- What is it? Founded in 1989 by Michael J. Saylor, it is an American development company that provides business intelligence, mobile software, and cloud-based services.ย
- Total Bitcoin Holdings: 386,700
- Value in U.S. Dollars: $37.30 Billion
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Marathon Digital Holdings Inc
- What is it? It is a digital asset technology company that engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets.
- Total Bitcoin Holdings: 33,875
- Value in U.S. Dollars: $3.27 Billion
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Riot Platforms, Inc.
- What is it? It is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy with mining data center operations in central Texas.
- Total Bitcoin Holdings: 10,019
- Value in U.S. Dollars: $966.33 Million
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Tesla, Inc
- What is it? It is an American multinational automotive and clean energy company that designs, manufactures, and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
- Total Bitcoin Holdings: 9,720
- Value in U.S. Dollars: $937.49 Million
- Country: United States of America
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Hut 8 Corp
- What is it? It is a vertically integrated operator of energy infrastructure and Bitcoin miners that acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads such as Bitcoin mining, high-performance computing, and artificial intelligence.
- Total Bitcoin Holdings: 9,109
- Value in U.S. Dollars: $878.56 Million
- Country: Canada
- Exchange Offering/Being Sold/Acquired: Nasdaq Stock Market
Private Companies
Corporate Finance Institute clarifies that a private company is owned by either a small number of shareholders, company members, or a non-governmental organization, and it does not offer its stocks for sale to the public.
Block.one
- What is it? It โis a blockchain software company that offers technology and products and eyes to help people architect integrity.
- Total Bitcoin Holdings: 140,000
- Value in U.S. Dollars: $13.50 Billion
Tether Holdings LTD
- What is it? Known as the operator of USDT, a dollar-pegged stablecoin, โit has transformed into operating several other new businesses and investments.
- Total Bitcoin Holdings: 82,454
- Value in U.S. Dollars: $7.95 Billion
Xapo Bank
- What is it? It is a Gibraltar-based private bank, which operates globally and is licensed as a virtual asset currency provider by the Gibraltar Financial Services Commission.
- Total Bitcoin Holdings: 38,931
- Value in U.S. Dollars: $3.75 Billion
BitMEX
- What is it? It is a decade-old Bitcoin derivatives trading platform that invented the 100x leverage perpetual swap.
- Total Bitcoin Holdings: 36,794
- Value in U.S. Dollars: $3.55 Billion
Mt. Gox
- What is it? It was a Tokyo-based cryptocurrency exchange that operated between 2010 and 2014 and became responsible for more than 70% of Bitcoin transactions at its peak.
- Total Bitcoin Holdings: 34,164
- Value in U.S. Dollars: $3.30 Billion
BTC Mining Companies
Because block mining is needed on the Bitcoin blockchain, $BTC mining firms exist, which run large mining facilities that validate transactions on the Bitcoin blockchain, earning them newly created Bitcoins and transaction fees, Daria Morgen wrote in a blog.
Marathon Digital Holdings Inc
- What is it? It โis an American digital asset technology company, which engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets.ย
- Total Bitcoin Holdings: 33,875
- Value in U.S. Dollars: $3.27 Billion
Riot Platforms, Inc.
- What is it? It is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy with mining data center operations in central Texas.
- Total Bitcoin Holdings: 10,019
- Value in U.S. Dollars: $966.33 Million
Hut 8 Corp
- What is it? It is a vertically integrated operator of energy infrastructure and Bitcoin miners that acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads such as Bitcoin mining, high-performance computing, and artificial intelligence.
- Total Bitcoin Holdings: 9,109
- Value in U.S. Dollars: $878.56 Million
CleanSpark Inc
- What is it? It owns and operates data centers that primarily run on low-carbon power.
- Total Bitcoin Holdings: 8,701
- Value in U.S. Dollars: $839.21 Million
HIVE Digital Technologies
- What is it? It is known as a pioneer in green blockchain infrastructure, dedicated to mining Bitcoin using 100% renewable energy and leveraging cutting-edge AI solutions.
- Total Bitcoin Holdings: 2,377
- Value in U.S. Dollars: $229.26 Million
This article is published on BitPinas:ย List of Companies and Funds with Bitcoin Holdings
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