#Strategy增持比特币 #BTC挑战11万大关 #MichaelSaylor暗示增持BTC
As of May 2025, the global Bitcoin (BTC) holding situation shows a highly centralized trend, mainly concentrated in the hands of a few institutions, exchanges, and individual large holders ("whales"). Below are the currently known major holders and their holdings and proportions:
🏦 Major Institutional and Exchange Holders
Entity Name Holding (BTC) Proportion (approx.) Description
Satoshi Nakamoto 1,100,000 5.24% Bitcoin founder, address has not been used for a long time
Coinbase 973,694 4.93% Mainly for client asset custody
Binance 666,834 3.37% Includes multiple cold wallets, mainly for client assets
iShares Bitcoin Trust 575,810 2.74% ETF under BlackRock
Grayscale Bitcoin Trust 292,268 1.39% Still a major holder after transitioning to a spot ETF
MicroStrategy 252,220 1.20% Company holding the most BTC
U.S. Government 198,956 0.95% Mainly from law enforcement seized assets
Chinese Government 194,000 0.92% Derived from historically seized assets
Bitfinex 190,005 0.90% Exchange cold wallet
Fidelity Wise Origin ETF 199,967 0.95% Another large ETF holder
Note: Total Bitcoin supply is 21 million coins.
🐋 Notable Individual "Whale" Holders
Individual/Entity Holding (BTC) Proportion (approx.) Description
Winklevoss Brothers 70,000 0.33% Early investors, founders of Gemini exchange
Tim Draper 29,656 0.14% Famous venture capitalist, purchased in 2014 from U.S. Marshals
Michael Saylor 17,732 0.08% Founder of MicroStrategy, personal holdings
📊 Impact of Centralization Trend
Currently, the top 10 holders control over 30% of the Bitcoin supply, and this centralization trend may bring about the following impacts:
• Increased market volatility: Trading behaviors of large holders may trigger severe market fluctuations.
• Price manipulation risk: A few holders may influence market prices through coordinated actions.
• Erosion of decentralization ideals: Bitcoin was originally intended to be decentralized, and excessive concentration may contradict its original purpose.
🔍 Conclusion
The holding structure of Bitcoin shows a significant centralization trend, mainly concentrated in the hands of a few institutions and individuals. This structure may impact market stability and the decentralization ideals of Bitcoin.