Glassnode reports that major investors hold close to one‑third of Bitcoin.

crypthub

3 days ago

Institutional Concentration

Nearly six million BTC are now owned by large entities, reducing smaller investors’ influence. Institutional holders and custodians dominate the supply. This shift concentrates about 30% of circulating Bitcoin in the hands of few.

Top Public Companies

Strategy leads with 660,624 BTC, far above other firms. MARA Holdings, Twenty One Capital, Metaplanet, Bitcoin Standard Treasury, Bullish, Riot Platforms, Coinbase Global, Hut 8, and CleanSpark complete the top ten. Together they hold roughly 1.07 million BTC.

Governments, ETFs and Exchanges

Government wallets hold about 620,000 BTC. U.S. Bitcoin ETFs control around 1.31 million BTC, while exchanges store roughly 2.94 million BTC. These groups total about 5.94 million BTC, close to one‑third of supply.

Market Impact and Confidence

Bitcoin briefly fell below $90,000 amid tech and macro weakness, showing its link to traditional risk assets. Ark Invest bought $417,000 of its own BTC ETF, signaling confidence. Strategy remains in the Nasdaq 100, reinforcing institutional belief despite treasury‑company doubts.