The Number of Bitcoins Held by Large Investors Has Been Revealed
The combined holdings of all such investors have reached a record 5.94 million BTC. The largest share of the cryptocurrency is held by major companies — 1.07 million BTC. Strategy ranks first, managing 650,000 BTC, which accounts for 3% of Bitcoin’s total supply.
The top three also include MARA Holdings and Twenty One Capital, holding 52,850 BTC and 37,229 BTC, respectively. Currently, 190 public and private companies continue to accumulate the leading cryptocurrency. The volume of Bitcoin on their balance sheets has increased by 448% since January 2023, according to Glassnode.
Centralized cryptocurrency exchanges are the second-largest holders of Bitcoin, with 2.94 million BTC. Among exchanges, Coinbase and Binance hold leading positions with 800,000 BTC and 550,000 BTC, respectively.
Exchange-traded funds (ETFs) have accumulated 1.31 million BTC. The largest share is held by iShares Bitcoin Trust, managed by BlackRock, with 777,485 BTC.
A similar product from Fidelity, the Wise Origin Bitcoin Fund, has accumulated 202,425 BTC. Third place by Bitcoin holdings belongs to Grayscale’s Bitcoin Trust, with 167,010 BTC.
Governments of various countries hold 0.6 million BTC. The United States leads with 198,012 BTC, followed closely by China with 194,000 BTC. The United Kingdom ranks third, having accumulated 61,245 BTC, Glassnode reported.
Earlier, analysts at CryptoQuant reported that 117 new companies have invested in the leading cryptocurrency since January. The vast majority of these purchases were made during the second and third quarters of the year.
See also: "Bitcoin Price: Drops Below $90,000 Amid Market Caution"
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