Cryptocurrency enthusiasts are still grasping the magnitude of Bitcoin’s rise. The upcoming data will clearly showcase the levels of interest in the leading cryptocurrency. This article examines which countries and companies hold how much Bitcoin $101,589.
Who Holds How Much Bitcoin?
Spot Bitcoin ETF issuers include various investors, from countries and public companies to mining firms. Considering the assets held by DeFi platforms, it can be estimated that approximately 14% of BTC supply is retained by them, while the rest is held by other investors.
This massive total reserve equates to $293.5 billion, representing 2.9 million BTC. What outcomes will arise from demand surges such as the U.S. aiming for a 1 million BTC reserve target? This indicates a pathway toward supply scarcity.
Countries’ Bitcoin Holdings
The total amount of Bitcoin seized by various governments for illicit activities, alongside voluntarily accumulated reserves, stands at 529,558 BTC, valued at $53.6 billion.
- The U.S. holds 207,189 BTC.
- China possesses 194,000 BTC.
- The United Kingdom has 61,000 BTC.
- Ukraine retains 46,351 BTC.
- Bhutan holds 13,029 BTC.
- El Salvador has 5,942 BTC.
- Finland holds 1,981 BTC.
- Georgia possesses 66 BTC.
The total reserves of publicly traded companies, led by MicroStrategy, amount to 553,639 BTC, equivalent to $55.7 billion, which constitutes 2.63% of the BTC supply.
MicroStrategy holds over $42 billion in assets, while Marathon Digital holds 40,435 BTC. RIOT has $1 billion in assets.
- Tesla: 9,720 BTC
- CleanSpark: 9,297 BTC
- Hut8: 9,109 BTC
- Coinbase: 9,000 BTC
- Block: 8,211 BTC
- Galaxy Digital: 8,100 BTC
- Bitcoin Group SE: 3,820 BTC
- HIVE Digital: 2,377 BTC
The total reserves of private companies like Block, Tether, and XAPO Bank amount to 366,738 BTC, equating to nearly $37 billion.
- Block One: 140,000 BTC
- Tether Holdings: 82,454 BTC
- XAPO: 38,931 BTC
- BitMEX: 36,794 BTC
Additionally, there are eight other companies with Bitcoin reserves. Below, you can see the total reserves of mining companies.