One person controls more than $70 billion in Bitcoin (CRYPTO:BTC). A single country holds more than $22 billion worth of Bitcoin. From anonymous wallets to public companies and exchange-traded funds (ETFs) devoted to the cryptocurrency, Bitcoin’s ownership is concentrated and revealing. This data snapshot breaks down who holds the most Bitcoin by individual, country, company, fund, and wallet.

Want to invest in Bitcoin yourself? Learn how to get started investing in Bitcoin and crypto, and read Motley Fool Money’s reviews of the best crypto exchanges.

Individual Bitcoin holders

Which people hold the most Bitcoin?

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is the largest known holder of the cryptocurrency with an estimated 1.1 million coins valued at more than $120 billion.

The second-largest individual holders of Bitcoin are Cameron and Tyler Winklevoss, who hold around 70,000 Bitcoin. Early investors in crypto, the Winklevoss twins are co-founders of the Gemini crypto exchange.

Tim Draper, a venture capitalist, acquired his nearly 30,000 Bitcoin through an auction of the now-defunct Silkroad’s assets after they were seized by U.S. law enforcement in 2014.

Michael Saylor, the co-founder of Strategy (NASDAQ:MSTR), formerly known as MicroStrategy – which is by itself one of the largest holders of BTC – personally owns more than 17,000 Bitcoin.

Rank Investor Bitcoin Held
1 Satoshi Nakamoto ~1.1 million
2 Winklevoss twins ~70,000
3 Tim Draper ~29,656
4 Michael Saylor ~17,732

Countries' Bitcoin holdings

Which countries hold the most Bitcoin?

Countries have added Bitcoin to their treasuries alongside gold. The United States owns 207,189 Bitcoin, making it the largest owner among countries.

China holds 194,000 Bitcoin despite a ban on crypto ownership and trading there. Beijing seized that Bitcoin when it took down the PlusToken Ponzi scheme in 2019. There is speculation as to whether China maintained control over the Bitcoin or sold it. The country bans trading and ownership of cryptocurrency.

Smaller countries like Bhutan and El Salvador hold an outsized volume of Bitcoin relative to their size and GDP.

Data source: Bitbo (2025).
Country # of BTC Value as of July 2, 2025
USA 207,189 $22,654,567,376
China 194,000 $21,212,448,880
U.K. 61,000 $6,669,893,720
Ukraine 46,351 $5,068,135,144
Bhutan 13,029 $1,424,623,693
El Salvador 6,089 $665,786,604
Finland 1,981 $216,607,532
Georgia 66 $7,216,606

Public companies' Bitcoin holdings

Which public companies hold the most Bitcoin?

MicroStrategy is among the largest Bitcoin owners overall, with 597,325 BTC as of July 2025. The company, in part founded by Bitcoin-enthusiast Michael Saylor, has been accumulating BTC since 2020.

MicroStrategy isn’t the only company that has augmented its balance sheet with Bitcoin – Metaplanet (OTC:MTPL.F), a Japanese hotel management company, and Tesla (NASDAQ:TSLA) have accumulated significant BTC holdings.

Bitcoin mining companies like Riot Platforms (NASDAQ:RIOT) and Marathon Digital Holdings (NASDAQ:MARA) are, naturally, among the largest corporate owners of BTC. Twenty One Capital, the third-largest publicly traded company in terms of BTC ownership, listed via a SPAC in 2025 and operates as a Bitcoin-first corporate treasury.

Data source: Bitbo (2025).
Entity # of BTC Value as of July 2, 2025
MicroStrategy 597,325 $65,280,795,075
Marathon Digital Holdings 49,179 $5,374,702,584
Twenty One Capital 37,230 $4,068,780,674
Riot Platforms 19,225 $2,101,072,758
Metaplanet 13,350 $1,459,002,409
Galaxy Digital Holdings (NASDAQ:GLXY) 12,830 $1,402,172,353
CleanSpark (NASDAQ:CLSK) 12,502 $1,366,325,702
Bitcoin Group SE Bitcoin Holdings (ETR:ADE) 12,387 $1,353,757,516
Tesla 11,509 $1,257,802,152
Hut 8 (NASDAQ:HUT) 10,264 $1,121,737,882

ETFs' Bitcoin holdings

Which ETFs hold the most Bitcoin?

Bitcoin ETFs were approved by the U.S. Securities and Exchange Commission (SEC) in 2024, offering investors a way to get exposure to Bitcoin through traditional brokerages instead of having to navigate a crypto trading exchange and crypto wallet. Since then, these funds have become among the largest holders of BTC, and many of them are among the best Bitcoin ETFs to invest in.

BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) holds nearly 700,000 Bitcoin worth some $76 billion as of July 2, 2025, making it the largest Bitcoin holder in the world outside of Satoshi Nakamoto, depending on how the Bitcoin founder’s holdings are estimated.

Fidelity is another traditional financial player that has embraced Bitcoin – it holds 199,670 Bitcoin as of the beginning of July 2025 in the Fidelity Wise Origin Bitcoin Fund (CBOE:FBTC).

Newer entrants including Grayscale and a collaboration between Cathie Wood’s ARK Invest and 21Shares round out the top five ETFs measured by Bitcoin ownership.

Data source: Bitbo (2025).
Entity # of BTC Value as of July 2, 2025
iShares Bitcoin Trust 696,875 $76,198,035,822
Fidelity Wise Origin Bitcoin Fund 199,670 $21,832,388,165
Grayscale Bitcoin Trust (NYSEMKT:GBTC) 185,091 $20,238,327,303
ARK 21Shares Bitcoin ETF (CBOE:ARKB) 46,467 $5,080,807,942
Grayscale Bitcoin Mini Trust (NYSEMKT:BTC) 44,025 $4,813,826,311

Wallets' Bitcoin holdings

Which wallets hold the most Bitcoin?

Bitcoin wallets are digital addresses that store cryptocurrency. Their owners’ identities aren’t publicly linked to them, but their transactions are recorded on the blockchain, making wallet activity traceable even if the holders remain anonymous.

The single largest Bitcoin wallet holds 248,598 BTC, worth more than $27 billion as of the beginning of July 2025. Even the tenth-largest wallet holds more than $7.4 billion in Bitcoin.

Data source: BitInfo Charts (2025).
Rank Wallet Address Number of BTC as of July 2, 2025 Value as of July 2, 2025
1 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 248,598 $27,151,131,826
2 bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 140,575 $15,353,189,491
3 bc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97 130,010 $14,199,337,353
4 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 115,032 $12,563,444,891
5 bc1qazcm763858nkj2dj986etajv6wquslv8uxwczt 94,643 $10,336,696,866
6 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF 79,957 $8,732,709,292
7 bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 78,647 $8,589,559,519
8 bc1q8yj0herd4r4yxszw3nkfvt53433thk0f5qst4g 78,317 $8,553,567,695
9 bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 69,370 $7,576,417,300
10 3LYJfcfHPXYJreMsASk2jkn69LWEYKzexbwallet: 68,200 $7,448,614,061

Bitcoin distribution

How is Bitcoin distributed among wallets?

Bitcoin holdings among individual wallets are extremely concentrated:

  • 0.03% of all Bitcoin addresses hold more than 100 BTC, but those wallets control more than 60% of all Bitcoin in circulation.
  • The four largest wallets alone hold BTC worth more than $69 billion as of July 2, 2025.
  • More than half of all wallets contain less than 0.001 Bitcoin, suggesting a massive disparity in ownership.

The table below shows how Bitcoin is distributed across wallet sizes. Most hold tiny fractions of Bitcoin; just a few control most of the supply.

Data source: BitInfo Charts (2025).
Wallet BTC Balance Range # of Addresses % of All Addresses BTC Held % of all BTC USD Value as of July 2, 2025
0-0.00001 6,661,129 12.06% (100%) 38.74 BTC 0% $4,231,019
0.00001-0.0001 11,564,188 20.94% (87.94%) 487.17 BTC 0% $53,207,565
0.0001-0.001 13,223,427 23.94% (67.01%) 4,963 BTC 0.02% $541,990,920
0.001-0.01 11,434,173 20.7% (43.07%) 42,161 BTC 0.21% $4,604,716,596
0.01-0.1 7,897,183 14.3% (22.37%) 267,508 BTC 1.35% $29,216,526,291
0.1-1 3,472,695 6.29% (8.07%) 1,070,557 BTC 5.38% $116,923,290,995
1-10 833,391 1.51% (1.78%) 2,066,044 BTC 10.39% $225,647,506,487
10-100 133,589 0.24% (0.28%) 4,319,229 BTC 21.72% $471,734,124,406
100-1,000 16,469 0.03% (0.03%) 4,787,742 BTC 24.08% $522,903,804,491
1,000-10,000 2,001 0% (0%) 4,451,294 BTC 22.39% $486,157,893,342
10,000-100,000 90 0% (0%) 2,239,645 BTC 11.26% $244,607,761,075
100,000-1,000,000 4 0% (0%) 634,214 BTC 3.19% $69,267,103,561

Conclusion

Conclusion

Bitcoin ownership is highly concentrated. A handful of wallets and institutions control massive portions of the total supply, which raises questions about how decentralized the flagship cryptocurrency really is.

Corporations like MicroStrategy, governments like the United States and China, investment firms like BlackRock (NYSE:BLK), superrich individuals like the Winklevoss twins, and anonymous wallets own outsized shares of Bitcoin.

That doesn’t mean individual investors can’t get in on the action, but understanding the major players in the market is step one.

Sources

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Jack Caporal has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Tesla. The Motley Fool has a disclosure policy.