#UpdateAlert
WHO HOLDS THE MAJORITY OF BITCOIN?
🔍 Key Takeaways
A large majority (50%+) of Bitcoin is held by a small group of whales—primarily Satoshi institutional funds, and major companies.
Governments hold a modest share (~2–2.5%) though growing as crypto becomes part of national asset strategies
ETFs & institutions (especially BlackRock, Grayscale) and corporations have rapidly expanded their holdings since 2024
Public exchanges (Binance, Bitfinex) and identifiable whale wallets hold significant reserves, influencing market liquidity dynamics
🔒 Top Bitcoin Holders (Post-Satoshi)
CategoryEstimated BTC Held% of Total SupplySatoshi Nakamoto~1.1 million~5%
ETFs & Funds~1.25 million~6–7%
Public Companies~764,000~3.6%
Private Companies~458,000~2.2%
Governments~530,000~2.5%Crypto Exchanges~600,000+Varies
📌 Key Entities:
MicroStrategy: Largest corporate holder (over 580,000 BTC)
BlackRock & Grayscale: Leading ETFs (combined over 800,000 BTC)
US Government: Holds ~210,000 BTC from seizures
China: Holds ~194,000 BTC (e.g.from PlusToken crackdown)
Binance Exchange: Holds over 600,000 BTC in reserves
Winklevoss Twins, Tim Draper, Michael Saylor: Major individual holders
🧠 Insights:
Institutional demand (ETFs, public companies) is driving large-scale accumulation
Governments are increasingly becoming major holders due to seizures and strategy
A small group of whales controls a significant portion of all Bitcoin
📌 Key Entities:
MicroStrategy: Largest corporate holder (over 580,000 BTC)
BlackRock & Grayscale: Leading ETFs (combined over 800,000 BTC)
US Government: Holds ~210,000 BTC from seizures
China: Holds ~194,000 BTC (e.g.from PlusToken crackdown)
Binance Exchange: Holds over 600,000 BTC in reserves
Winklevoss Twins, Tim Draper, Michael Saylor: Major individual holders
🧠 Insights:
Institutional demand (ETFs, public companies) is driving large-scale accumulation.
Governments are increasingly becoming major holders due to seizures and strategy.
A small group of whales controls a significant portion of all Bitcoin.
