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How Much Bitcoin Do the Big Crypto Companies Hold?

06.09.2024 8:00 1 min. read Alexander Stefanov
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How Much Bitcoin Do the Big Crypto Companies Hold?

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.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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