Crypto • Company Treasuries • 2025
See which publicly traded companies hold Bitcoin on their balance sheet, how large those positions are, and how exposed each firm is to BTC price moves. This tracker focuses on listed corporations only – no ETFs, governments, or private wallets.
*Figures are indicative and may lag live on-chain balances. Always verify with original company filings.
When a listed company adds Bitcoin to its treasury, shareholders are effectively gaining indirect BTC exposure on top of the firm’s core business. For some investors, these stocks become a leveraged way to bet on the Bitcoin cycle; for others, treasury BTC is a key risk factor that affects earnings volatility and balance-sheet strength.
This page brings together the most visible corporate Bitcoin adopters in one place – including software firms, exchanges, miners, and fintech companies. By comparing BTC holdings across regions and sectors, you can quickly understand where institutional conviction is strongest and how concentrated corporate ownership has become over time.
Filter by region and sector to see which listed companies hold the most BTC. Market value is updated using the live Bitcoin price so you can see how sensitive each balance sheet is to BTC moves.
| # | Company | Ticker | Region | Sector | BTC Holdings | % of 21M Supply* | Est. Market Value (USD) | Last Disclosure | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Strategy (formerly MicroStrategy) | MSTR | North America | Software & Analytics | 650,000 BTC | 3.10% | Loading… | 2025 | BitcoinTreasuries |
| 2 | Tesla Inc. | TSLA | North America | Automotive & Tech | 11,000 BTC | 0.05% | Loading… | 2025 | SEC Filings |
| 3 | Block Inc. (Cash App) | SQ | North America | Payments & Fintech | 8,000 BTC | 0.04% | Loading… | 2025 | Investor Relations |
| 4 | Coinbase Global | COIN | North America | Crypto Exchange | 14,500 BTC | 0.07% | Loading… | 2025 | CoinGecko |
| 5 | Galaxy Digital Holdings | GLXY | Europe / Canada | Digital Asset Investment | 9,000 BTC | 0.04% | Loading… | 2025 | CoinGecko |
| 6 | Marathon Digital Holdings | MARA | North America | Bitcoin Miner | 53,000 BTC | 0.25% | Loading… | 2025 | Company Filings |
| 7 | Riot Platforms | RIOT | North America | Bitcoin Miner | 19,000 BTC | 0.09% | Loading… | 2025 | CoinGecko |
| 8 | CleanSpark | CLSK | North America | Bitcoin Miner | 12,600 BTC | 0.06% | Loading… | 2025 | CoinGecko |
| 9 | Hut 8 Mining | HUT | North America | Bitcoin Miner | 10,300 BTC | 0.05% | Loading… | 2025 | Company Filings |
| 10 | Nexon Co. | 3659.T | Asia-Pacific | Gaming & Software | 17,100 BTC | 0.08% | Loading… | 2025 | BitcoinTreasuries |
| 11 | Meitu Inc. | 1357.HK | Asia-Pacific | Internet & Software | 9,400 BTC | 0.04% | Loading… | 2025 | BitcoinTreasuries |
| 12 | Bitfarms Ltd. | BITF | Other Americas | Bitcoin Miner | 13,100 BTC | 0.06% | Loading… | 2025 | CoinGecko |
*% of 21M supply is based on a theoretical maximum Bitcoin supply of 21,000,000 BTC. Values are rounded and provided for research and comparison purposes only.
This table is designed as a research starting point – not a buy/hold/sell signal. It helps you understand where BTC sits inside the public-equity universe so you can build your own view of risk and opportunity.
Some investors prefer buying equities like Strategy, miners, or exchanges instead of holding Bitcoin directly. High-BTC companies can behave like leveraged BTC exposure, especially during bull markets, but they also add business-model and operational risk.
If you already own stocks that hold BTC, this table helps you estimate how much hidden crypto exposure your portfolio carries. A sharp drop in Bitcoin can hit both your crypto positions and BTC-heavy stocks at the same time.
Growing BTC balances across more sectors and regions can signal rising institutional confidence. On the other hand, disposals or impairment charges may reflect changing attitudes toward digital assets.
Strategy (formerly MicroStrategy) is widely cited as the largest corporate holder of Bitcoin, with hundreds of thousands of BTC acquired through repeated treasury purchases since 2020. Its balance sheet is intentionally designed to be heavily exposed to Bitcoin.
Yes. Many listed miners retain part of the BTC they mine instead of selling immediately. When those holdings are reported on the balance sheet, they are effectively part of the company’s treasury and can materially affect financial results.
Most public companies refresh their reported BTC balances quarterly with earnings releases, although some provide interim updates when they make large purchases or sales. Independent trackers may also use on-chain data to estimate changes between reports.
In general, yes – management can choose to sell or add to their Bitcoin position whenever they deem appropriate, subject to internal policies and regulatory constraints. Sudden sales can generate impairment charges, tax consequences, and market reactions.
Bitcoin is highly volatile, so large BTC positions can increase earnings volatility and balance-sheet risk. However, some companies view this as acceptable in exchange for potential long-term upside or as a strategic signal to customers and investors. Risk tolerance varies by management team and sector.
Disclaimer: Data on this page is compiled from public sources believed to be reliable but may contain errors or omissions. InvestSnips does not provide investment advice and makes no warranty as to the completeness or accuracy of this information. Cryptoassets and equities involve risk, including the possible loss of principal.
For a broader view of institutional Bitcoin exposure, explore the Bitcoin Treasuries page covering governments, ETFs, and other entities.
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