Who Really Owns Bitcoin? | BTC Ownership Breakdown (2025)
While Bitcoin is decentralized, most of its supply is actually held by a small number of entities. Curious who holds the most BTC today? Here's a quick breakdown:
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Top BTC Holders (as of 2025):
1. Satoshi Nakamoto – ~1.1 million BTC
Mined in 2009
Never moved or spent
2. Centralized Exchanges (custody for users)
Binance – 550K+ BTC
Coinbase – 900K+ BTC
Bitfinex – 400K+ BTC
3. Institutions & Companies
MicroStrategy – 214K+ BTC
Tesla – 10.7K BTC
Block (Square) – 8K BTC
Grayscale Bitcoin Trust – 600K BTC
4. Governments (Seized BTC)
U.S. Government (FBI/IRS) – 200K+ BTC from hacks/crimes
5. BTC Whales
~1,500 addresses each holding over 1,000 BTC
Control around 15% of total supply
