#山寨币ETF展望 #As of May 2025, the ranking of global capital companies and institutions by Bitcoin holdings is as follows (data compiled from multiple research reports, holdings may vary dynamically):
1. Strategy (formerly MicroStrategy)
Holdings: 538,200 BTC
Value: Approximately $4.755 billion
Characteristics: The largest corporate Bitcoin holder globally, continuously increasing holdings through bond and equity financing, accounting for 76.63% of total holdings of listed companies.
2. BlackRock Bitcoin ETF (IBIT)
Holdings: 552,554 BTC
Value: Approximately $5 billion
Characteristics: The largest Bitcoin spot ETF globally, accounting for 46.4% of the U.S. ETF market share.
3. Marathon Digital Holdings
Holdings: 47,600 BTC
Value: Approximately $4.2 billion
Characteristics: Accumulating Bitcoin through mining, with a mining capacity exceeding 31 EH/s.
4. U.S. Government (Strategic Bitcoin Reserve)
Holdings: 213,297 BTC
Value: Approximately $1.85 billion
Characteristics: Increasing holdings through law enforcement seizures and strategic reserve plans, accelerating layout after March 2025.
5. Galaxy Digital Holdings
Holdings: 15,449 BTC
Value: Approximately $1.35 billion
Characteristics: A crypto commercial bank, holdings include self-held and managed fund assets.
6. Tesla
Holdings: 11,509 BTC
Value: Approximately $1.01 billion
Characteristics: Partially sold after purchasing in 2021, remaining holdings are held long-term.
7. Hut 8 Mining
Holdings: 10,273 BTC
Value: Approximately $908 million
Characteristics: A Canadian mining company, accumulating through a mining + reserve model.
8. Block Inc. (formerly Square)
Holdings: 8,485 BTC
Value: Approximately $749 million
Characteristics: A payment company, holdings used for balance sheet management.
9. Riot Platforms
Holdings: 19,223 BTC
Value: Approximately $1.698 billion
Characteristics: A mining company transformed into a comprehensive energy service provider, with near-zero holding costs.
10. Metaplanet
Holdings: 2,888 BTC
Value: Approximately $25.23 million
Characteristics: A Japanese company imitating MicroStrategy's aggressive accumulation strategy.
