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Top-5 Bitcoin Holders Have Accumulated Nearly $200 Billion Worth of BTC. Who Are They
In total, the amount of the leading cryptocurrency held on the balances of companies, governments, funds, and crypto services exceeded $340 billion.
The five largest known Bitcoin holders store more than 2.3 million Bitcoin worth approximately $191 billion on their balances, according to data from Bitcoin Treasuries as of May 6. This represents more than 11% of Bitcoin’s total possible supply, which is capped at 21 million coins.
Chart of Bitcoin accumulation by companies, funds, governments, and crypto platforms. Source: Bitcoin Treasuries.
In total, more than 300 companies, governments, funds, and crypto services hold 4.16 million Bitcoins worth around $340 billion, according to the analytics platform tracking known cryptocurrency wallets.
The largest amounts of Bitcoin are held by exchanges, custodians, and funds: 48 such organizations have accumulated 1.515 million coins. Essentially, these are cryptocurrencies belonging to trading platform clients or ETF collateral that is managed by funds rather than simply held as investments.
196 public companies hold 1.218 million Bitcoin, while 71 private companies collectively hold 289,000 Bitcoins. Thirteen governments store nearly 650,000 coins, and 379,000 Bitcoins are locked in DeFi protocols.
More than half of all these coins — 2.34 million — are held by the five largest holders. These include public company Strategy (818,334 BTC), iShares Bitcoin Trust from BlackRock (818,147 BTC), the government of the United States (328,372 BTC), the government of China (190,000 BTC), and the ETF from Fidelity Investments (185,798 BTC).
Combined, this accounts for approximately 11.4% of Bitcoin’s total possible supply of 21 million coins.
Among private companies, the undisputed leaders in recent years remain Block.one, the owner of the major exchange Bullish and crypto publication CoinDesk, with 164,000 BTC, and stablecoin issuer Tether with 97,000 BTC.
SpaceX of Elon Musk (8,200 BTC) ranks fourth on the list, while Tesla (11,500 BTC) holds the 12th position among public companies.
Earlier, it became known that Michael Saylor, founder of Strategy, admitted the possibility of selling Bitcoins from the company’s reserve in order to pay dividends.
Following the first quarter of 2026, Strategy reported a net loss of $12.5 billion.
See also: "All Altcoins Are in the Green. Top 5 Coins by Growth Over Seven Days"
