First Coin

Large Institutions Own Nearly One-Third of Bitcoin Supply

Big Companies and Institutions Have Taken Over Bitcoin

In 2025, Bitcoin, the first decentralized cryptocurrency (learn more here), experienced a big change. Large companies and institutions are now owning a significant share of Bitcoin. New information says that nearly six million bitcoins are held by major entities, which is almost one-third of all circulating Bitcoin. This means smaller individual investors now have less control over the Bitcoin supply.

Who Owns the Most Bitcoin?

A new report from Glassnode shows that Bitcoin is increasingly being concentrated in the hands of big players. These major holders include companies, governments, and cryptocurrency exchange platforms (learn more here). For example, publicly traded companies now own about 1.07 million bitcoins.

The company with the most Bitcoin is MicroStrategy (learn more here), which holds 660,624 bitcoins. This is far more than any other firm. The second largest holder is MARA Holdings with 53,250 bitcoins. Other companies like Twenty One Capital (43,514 BTC), Metaplanet from Japan (30,823 BTC), and Bitcoin Standard Treasury (30,021 BTC) also own significant amounts.

Additional companies on the list include:

Besides companies, government wallets also hold about 620,000 bitcoins. Additionally, Bitcoin-focused exchange-traded funds (or ETFs, learn more here) in the U.S. collectively own around 1.31 million bitcoins. Cryptocurrency exchanges themselves hold the largest share, with approximately 2.94 million bitcoins. Together, these major holders control nearly 30% of all available Bitcoin.

Bitcoin Prices Fluctuate Amid Institutional Changes

Recently, Bitcoin prices dropped below $90,000, showing that the cryptocurrency is still influenced by changes in traditional stock markets, like the tech sector. This drop happened even though big institutions continue to buy and hold more Bitcoin.

One example is Cathie Wood’s ARK Invest (learn more here) buying 13,700 shares of its own Bitcoin ETF, ARKB, worth about $417,000. This purchase shows confidence in Bitcoin, even during price fluctuations. Cathie Wood, the CEO of ARK Invest (learn more here), is known for investing in disruptive technology, including Bitcoin.

Another notable example is MicroStrategy. The company, which focuses on holding Bitcoin, has remained in the Nasdaq-100 index (learn more here) for an entire year. Many market experts questioned if their strategy of simply holding Bitcoin was sustainable, but MicroStrategy continues to thrive as a major player in the cryptocurrency world.

What Does This Mean for Bitcoin?

This shift in Bitcoin ownership changes who has influence in the crypto world. As more Bitcoin is held by large companies and institutions, smaller investors may find it harder to impact the market. However, this also shows that Bitcoin is becoming an important asset for big players who see its long-term potential.

While the price of Bitcoin may continue to fluctuate due to links to traditional financial markets, institutional investments point to a growing acceptance of Bitcoin as a serious investment option. This could lead to more stability and increase its global importance in the years to come.