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.
Ethereum (ETH) has just triggered a golden cross against Bitcoin (BTC)—a technical pattern that has historically preceded massive altcoin rallies.
Veteran trader Peter Brandt has reignited discussion around Bitcoin’s long-term parabolic trajectory by sharing an updated version of what he now calls the “Bitcoin Banana.”
Bitcoin is once again mirroring global liquidity trends—and that could have major implications in the days ahead.
The crypto market is showing signs of cautious optimism. While prices remain elevated, sentiment indicators and trading activity suggest investors are stepping back to reassess risks rather than diving in further.