As of early 2025, the five largest Bitcoin holders are:
1. Satoshi Nakamoto – The anonymous creator of Bitcoin is estimated to hold approximately 1.1 million BTC, valued at over $110 billion. 
2. Binance – The cryptocurrency exchange holds around 647,106 BTC, primarily in cold storage for customer assets. 
3. BlackRock’s iShares Bitcoin Trust – This institutional fund manages between 530,831 and 584,191 BTC, reflecting significant institutional adoption through ETFs. 
4. MicroStrategy – Under the leadership of Michael Saylor, the company owns between 478,740 and 499,096 BTC, continuing its aggressive accumulation strategy. 
5. U.S. Government – Through asset seizures from illegal activities, the U.S. government holds between 205,515 and 213,000 BTC. 
These entities collectively control a substantial portion of the total Bitcoin supply, influencing market dynamics and investor sentiment.
