Crypto • Bitcoin Treasuries • 2025
Track how many Bitcoin leading public companies, miners, ETFs, and governments hold in their treasuries. This live tracker helps you see which institutions are accumulating BTC, how large their positions are, and how that exposure changes over time.
*Estimates for educational purposes only. Always verify with original company filings before making investment decisions.
Bitcoin treasuries are BTC held on the balance sheet of companies, funds, or governments as part of their long-term reserves. Instead of keeping all of their cash in dollars, some institutions allocate a portion of their treasury to Bitcoin as a potential hedge against inflation, currency risk, or to gain exposure to digital assets.
This page aggregates publicly available data from company filings, on-chain analytics, and trackers such as CoinGecko and BitcoinTreasuries to give investors a clean, easy-to-scan view of which institutions are accumulating BTC and how large those positions are relative to the total supply.
Use the filters below to focus on public companies, Bitcoin miners, governments, or U.S. spot ETF issuers. Market value will update automatically based on the latest BTC price.
| # | Entity | Type | Ticker / Symbol | Country / Region | BTC Holdings | % of 21M Supply* | Est. Market Value (USD) | Last Update | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Strategy (formerly MicroStrategy) | Public Company | MSTR | United States | 650,000 BTC | 3.10% | Loading… | 2025 | BitcoinTreasuries |
| 2 | Marathon Digital Holdings | Bitcoin Miner | MARA | United States | 53,000 BTC | 0.25% | Loading… | 2025 | Public Filings |
| 3 | Tesla Inc. | Public Company | TSLA | United States | 11,000 BTC | 0.05% | Loading… | 2025 | SEC Filings |
| 4 | Coinbase Global | Public Company | COIN | United States | 14,500 BTC | 0.07% | Loading… | 2025 | CoinGecko |
| 5 | Riot Platforms | Bitcoin Miner | RIOT | United States | 19,000 BTC | 0.09% | Loading… | 2025 | CoinGecko |
| 6 | CleanSpark | Bitcoin Miner | CLSK | United States | 12,600 BTC | 0.06% | Loading… | 2025 | CoinGecko |
| 7 | Hut 8 Mining | Bitcoin Miner | HUT | Canada | 10,300 BTC | 0.05% | Loading… | 2025 | Public Filings |
| 8 | Galaxy Digital | Public Company | GLXY | Canada | 9,000 BTC | 0.04% | Loading… | 2025 | CoinGecko |
| 9 | United States Government | Government | — | United States | 325,000 BTC | 1.55% | Loading… | 2025 | CoinGecko |
| 10 | China (Seized BTC) | Government | — | China | 190,000 BTC | 0.90% | Loading… | 2025 | CoinGecko |
| 11 | El Salvador | Government | — | El Salvador | 6,100 BTC | 0.03% | Loading… | 2025 | Reuters |
| 12 | BlackRock iShares Bitcoin Trust (IBIT) | US Spot ETF | IBIT | United States | 300,000 BTC | 1.43% | Loading… | 2025 | Issuer Website |
| 13 | Fidelity Wise Origin Bitcoin Fund (FBTC) | US Spot ETF | FBTC | United States | 210,000 BTC | 1.00% | Loading… | 2025 | Issuer Website |
| 14 | ARK 21Shares Bitcoin ETF (ARKB) | US Spot ETF | ARKB | United States | 120,000 BTC | 0.57% | Loading… | 2025 | Issuer Website |
| 15 | Mt. Gox Trustee (Insolvency Estate) | Private / Other | — | Japan | 141,000 BTC | 0.67% | Loading… | 2025 | BitcoinTreasuries |
| 16 | Block.one | Private Company | — | Cayman Islands | 140,000 BTC | 0.67% | Loading… | 2025 | BitcoinTreasuries |
*% of 21M supply is based on a theoretical maximum Bitcoin supply of 21,000,000 BTC. Figures are rounded and may not match real-time tracker values exactly.
This page is designed for investors who want a single, clean view of institutional Bitcoin adoption without digging through multiple websites or PDF filings.
Listed companies like Strategy, Tesla, and Coinbase disclose their Bitcoin holdings in quarterly or annual reports. For many investors, these stocks act as a “leveraged” BTC proxy: when Bitcoin moves, their share prices can move even more due to balance sheet exposure.
Mining firms often keep a portion of the BTC they mine instead of selling immediately. Large treasuries at companies like Marathon, Riot, and Hut 8 can amplify both upside and downside, because their revenue and treasury are tied to the same asset.
Some governments hold seized or strategically acquired BTC as part of their reserves. The U.S., China, and El Salvador are among the most visible examples. Changes in policy, auctions, or new reserves can materially affect supply available on the market.
Spot ETFs like IBIT, FBTC, and ARKB hold Bitcoin on behalf of investors and must disclose their on-chain holdings daily. ETF flows give a clear signal of institutional demand because large inflows typically mean more BTC being purchased and moved into custody.
Private firms and bankruptcy estates such as Block.one or the Mt. Gox trustee can also control massive BTC balances. Although disclosure is less frequent, on-chain tracking and court documents provide enough transparency to estimate their positions.
As of 2025, Strategy (formerly MicroStrategy) is widely recognized as the largest corporate holder of Bitcoin, with hundreds of thousands of BTC accumulated through repeated purchases since 2020. Its core strategy is to treat Bitcoin as a primary treasury reserve asset rather than holding cash.
The most common reasons are inflation hedging, diversification away from fiat currencies, and signalling to investors that the company is aligned with digital-asset innovation. Some management teams also believe BTC will outperform cash and bonds over the long term, improving shareholder value.
Public companies generally update their disclosed BTC balances quarterly with earnings reports, while ETF issuers and some governments publish data more frequently. This tracker is designed to be refreshed at least weekly, with notes where major changes occur.
All holdings are estimates based on public sources: company filings, ETF disclosures, and independent trackers. On-chain movements, OTC deals, or undisclosed sales can introduce gaps. Treat this page as a high-quality starting point, not a perfect real-time accounting ledger.
No. This page is for educational and research purposes only. It is not personalized financial advice, and Bitcoin is a highly volatile asset. Always do your own research and consider speaking with a qualified professional before making investment decisions.
Disclaimer: Data on this page is compiled from third-party sources believed to be reliable, but errors or delays may occur. InvestSnips does not guarantee accuracy and is not responsible for any losses that may arise from using this information. Crypto and equity markets involve risk, including the possible loss of principal.
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