Top 100 public firms hold 1,133,469 BTC, representing 5.4% of Bitcoin’s 21M max supply. Strategy (MSTR) dominates with 713,502 BTC, accounting for 62.9% of all BTC held by the top 100. Other major holders include MARA (53,250 BTC), Twenty One Capital (43,514 BTC), Metaplanet (35,102 BTC), and Bitcoin Standard Treasury Co. (30,021 BTC). Top 10 companies control 85.5% of total public-company BTC holdings, highlighting heavy concentration risk. Mining companies (MARA, Riot, Hut 8, CleanSpark) feature prominently, often holding mined BTC long-term. The US dominates with 71 of the top 100 companies, followed by Canada and Asia (Japan, Hong Kong). Holdings outside the top 100 total just 2,740 BTC, showing adoption is still limited to large firms.

Takeaway: Corporate Bitcoin adoption is real, but highly concentrated, decisions by a few players can materially impact the market.

submitted by /u/avatar_leo [link] [comments]

r/CryptoCurrencyRead More

You might also be interested in reading Solana foundation debuts developer platform with Mastercard and Western Union.