Which Institutions Hold the Most Bitcoin?19

As of February 2023, the following institutions hold the most Bitcoin:
MicroStrategy: 132,500 BTC
Tesla: 43,200 BTC
Galaxy Digital: 16,400 BTC
Square: 8,027 BTC
Grayscale Bitcoin Trust: 646,388 BTC
CoinShares Physical Bitcoin: 441,314 BTC
Bitwise Asset Management: 100,000 BTC
3iQ Digital Asset Management: 74,822 BTC
Gemini Earn: 55,172 BTC
Binance: 27,844 BTC (on-exchange wallet)

These institutions hold a significant portion of the total Bitcoin in circulation, which is estimated to be around 19 million BTC. MicroStrategy, a business intelligence company, is the largest institutional holder of Bitcoin, with over 130,000 BTC on its balance sheet.

It is important to note that these institutions are not the only ones holding Bitcoin. There are also many individual investors, companies, and exchanges that hold Bitcoin. However, the institutions listed above are the ones with the most significant holdings.

The growing number of institutions holding Bitcoin is a sign of the increasing adoption of cryptocurrency. As more institutions adopt Bitcoin, it is likely that the price of Bitcoin will continue to rise.

In addition to the institutions listed above, there are also a number of other institutions that hold Bitcoin. These include:
Bank of New York Mellon
Fidelity Investments
Goldman Sachs
Morgan Stanley
Northern Trust
State Street
UBS

These institutions are all exploring the use of Bitcoin and other cryptocurrencies in their businesses. As the regulatory landscape around cryptocurrencies evolves, it is likely that even more institutions will adopt Bitcoin.

2025-01-06

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