I recently caught myself thinking:
> "Who even rules the bitcoin kingdom in 2025?" 👑
And dived into the rich list.
Well... 👇 here you go.
🧊 Exchanges (yes, those cold monsters)
Cold wallets are custodial, but fat like cats in winter.
🟠 Binance — 248,600 BTC (that's 1.25% of the total turnover, Carl!)
🟠 Robinhood — 140,600 BTC
🟠 Bitfinex — 130,000 BTC
> Roughly speaking, part of your coins is sitting in their basement, if you're still not on self-custody 🧯
🏢 Companies with large... portfolios
🟠 Strategy (ex-MicroStrategy) — 597,325 BTC
> Michael Saylor is just married to Bitcoin. And he's not joking. That's 92.5% of the company's balance, just so you know.
🟠 Tesla — 11,509 BTC
🟠 Block (ex-Square) — 8,584 BTC
🟠 GameStop, Metaplanet, Semler — from 4K to 37K BTC
🔎 A total of ≈130 companies hold almost 693K BTC.
> And by the way, that's much more than I hold 😅
📈 ETFs and trusts: Bitcoin has gone mass market
🟠 Grayscale (GBTC) — 292,000 BTC
🟠 BlackRock iShares (IBIT) — 274,000 BTC
> These guys package BTC nicely so that mom and dad can buy it through a broker — and not be scared of MetaMask.
🌍 States are quite the hodlers
🟠 USA — 207,189 BTC (confiscated crypto catch)
🟠 China — 194,000 BTC (mostly PlusToken)
🟠 Britain — 61,245 BTC
🟠 Ukraine — 46,351 BTC (donations during the war — respect!) 🇺🇦
🟠 Bhutan — 11,924 BTC (yes-yes, they mine it state-owned)
🟠 El Salvador — 6,229 BTC (crypto as a means of payment since 2021)
📦 In summary: governments hold ~529,000 BTC
> Sounds like "grandpas against decentralization", but still...
👤 Lone wolves, Wall Street wolves, and legends
🟠 Satoshi Nakamoto — from 968K to 1.1M BTC (and silence since 2010... just a legend in the shadows)
🟠 Winklevoss brothers — ~70,000 BTC
🟠 Tim Draper — ~30,000 BTC
🟠 Michael Saylor (personally) — 17,732 BTC
🟠 1Feex... — 79,957 BTC (apparently frozen after the Mt. Gox hack)
📊 How is BTC distributed in 2025?
🟠 TOP-10 addresses (excluding Satoshi) — ~1.1 million BTC (5.5% of total volume)
🟠 TOP-100 — ~2.9 million BTC (that's almost 15% of circulating coins!)
🟠 The number of addresses with 100–1000 BTC has increased:
from 3.9 million to 4.76 million BTC in a year.
> These are not "whales", these are already fat dolphins. Apparently, they also got bored with fiat 🐬💸
⚙️ Conclusions? Of course, there are:
📌 Those who used to laugh at Bitcoin are now hiding it in a safe, ETF, trust, and, if necessary, under the pillow.
📌 BTC is still held not by "memers", but by entire states, corporations, and institutions.
📌 And are you still doubting whether to buy $200 on the spot? 😅
💬 Write in the comments:
How much BTC do you have? (yes-yes, you can do it without a precise address)
Which of the “hodlers” impressed you?
Do you think it's fair that the crew from 2010 is still at the top?
