How Much Bitcoin Do the Big Crypto Companies Hold?
06.09.2024 8:00 1min. read Alexander Stefanov
Coinbase reportedly currently holds 2,275,123 BTC, which is about 10.8% of the cryptocurrency's total supply (21 million tokens).
The largest share of the cryptocurrency supply is held by centralized exchanges (CEX), which hold 1,105,318 BTC.
Coinbase’s retail exchange alone controls over 1 million BTC, with additional contributions from platforms such as Revolut and Bitvavo.
The second largest category is ETFs and ETPs, which together manage over 808,000 BTC, with US-based ETFs dominating this segment.
Coinbase Prime Custody, a service tailored for institutional clients, holds 137,947 BTC, while Coinbase Prime’s broader offerings, such as liquidity and trading tools, have 106,541 BTC through various funds and over-the-counter (OTC) services.
Corporations such as MicroStrategy, Tesla and SpaceX collectively hold over 99,000 BTC, with MicroStrategy having the largest stake.
Finally, Bitcoin miners, including companies like CleanSpark, Cipher Mining, and Bitfarms, collectively own around 17,609 BTC.
-
1
Bitcoin Surges Past $62,000 After Fed Cuts Rates by 0.5%
19.09.2024 10:06 2min. read -
2
Crypto Market is Bleeding Again – Bitcoin Falls Below $59,000
28.08.2024 1:48 1min. read -
3
Bitcoin’s Halving Cycle May No Longer Apply, Says Analyst
01.09.2024 20:00 2min. read -
4
Bitcoin’s Big Break: Wall Street Gears Up for Crypto Boom, Says Scaramucci
26.08.2024 9:00 1min. read -
5
Another Bitcoin Mining Firm Files for Chapter 11 Bankruptcy
27.08.2024 19:30 1min. read
Here’s Which Countries Lead in State-Held Bitcoin Reserves
Recent data reveals that Bhutan has unexpectedly taken the lead in state-held Bitcoin (BTC) reserves, boasting $782.46 million, significantly outpacing El Salvador, which holds $351.75 million.
This US State Now Accepts Bitcoin and USDC for Payments
Louisiana has become the latest U.S. state to accept cryptocurrency payments for state services.
Decline in Short-Term Bitcoin Holders Could Impact Price Surge, Says CryptoQuant
CryptoQuant, a prominent market research firm, has observed a notable decline in the supply of short-term holders (STH) of Bitcoin (BTC), which may hinder the cryptocurrency’s potential price surge.
Congressman Criticizes SEC Chair Gensler Over Bitcoin Regulations
U.S. Congressman Warren Davidson has vocally criticized SEC Chair Gary Gensler, accusing the SEC of deliberately hindering Bitcoin ownership.
-
1
Bitcoin Surges Past $62,000 After Fed Cuts Rates by 0.5%
19.09.2024 10:06 2min. read -
2
Crypto Market is Bleeding Again – Bitcoin Falls Below $59,000
28.08.2024 1:48 1min. read -
3
Bitcoin’s Halving Cycle May No Longer Apply, Says Analyst
01.09.2024 20:00 2min. read -
4
Bitcoin’s Big Break: Wall Street Gears Up for Crypto Boom, Says Scaramucci
26.08.2024 9:00 1min. read -
5
Another Bitcoin Mining Firm Files for Chapter 11 Bankruptcy
27.08.2024 19:30 1min. read
