Bitcoin Treasury Tracker
The 50 largest public-company Bitcoin treasuries, ranked live from 182 tracked. Sort, filter, and compare.
- Cited rows
- 45 of 50 published · 90.0%
- Published
- 50 of 182 tracked
- BTC held
- 1,207,206 · 5.75% of 21M
- Updated
- · snapshot 2026-09-15
- Reconciled
- · 2d · 23 corrections · 16 removals
- 845,050 BTCFreshness: fresh, within filer cadence.2026-09-132d4.0240% of 21M · $51.49B mkt cap · 124.3% BTC/MCap
- 2Twenty One Capital, Inc.XXI43,514 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.2072% of 21M · $3.50B mkt cap · 94.1% BTC/MCap
- 3Metaplanet Inc.MPJPY43,000 BTCFreshness: fresh, within filer cadence.2026-08-1828d0.2048% of 21M · $2.21B mkt cap · 147.4% BTC/MCap
- 4MARA Holdings, Inc.MARA35,577 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.1694% of 21M · $4.34B mkt cap · 62.1% BTC/MCap
- 5StriveASST25,000 BTCFreshness: fresh, within filer cadence.2026-09-114d0.1190% of 21M · $2.62B mkt cap · 72.3% BTC/MCap
- 6BullishBLSH21,580 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.1028% of 21M · $4.17B mkt cap · 39.2% BTC/MCap
- 7SpaceXSPCX18,712 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0891% of 21M · $1.89T mkt cap · 0.1% BTC/MCap
- 8Coinbase Global, Inc.COIN17,864 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0851% of 21M · $51.43B mkt cap · 2.6% BTC/MCap
- 9Trump Media & Technology Group Corp.DJT14,139 BTCFreshness: fresh, within filer cadence.2026-07-3146d0.0673% of 21M · $2.38B mkt cap · 44.9% BTC/MCap
- 10CleanSpark, Inc.CLSK12,205 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0581% of 21M · $3.24B mkt cap · 28.5% BTC/MCap
- 11Tesla, Inc.TSLA11,509 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0548% of 21M · $1.41T mkt cap · 0.1% BTC/MCap
- 12Riot Platforms, Inc.RIOT11,380 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0542% of 21M · $7.39B mkt cap · 11.7% BTC/MCap
- 13Hut 8 Mining CorpHUT9,314 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0444% of 21M · $10.73B mkt cap · 6.6% BTC/MCap
- 14Block, Inc.XYZ9,117 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0434% of 21M · $47.05B mkt cap · 1.5% BTC/MCap
- 15American Bitcoin CorpABTC8,002 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0381% of 21M · $581.8M mkt cap · 104.2% BTC/MCap
- 16GD Culture GroupGDC7,500 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0357% of 21M · $5.5M mkt cap · 10420.7% BTC/MCap
- 17Galaxy Digital Holdings LtdGLXY6,894 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier0.0328% of 21M · $4.33B mkt cap · 12.1% BTC/MCap
- 18Next Technology Holding Inc.NXTT5,833 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0278% of 21M · $7.7M mkt cap · 5720.3% BTC/MCap
- 19Gemini Space Station IncGEMI5,528 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0263% of 21M · $564.6M mkt cap · 74.2% BTC/MCap
- 20ProCap FinancialBRR5,305 BTCFreshness: fresh, within filer cadence.2026-09-0213d0.0253% of 21M · $272.4M mkt cap · 147.5% BTC/MCap
- 21Nakamoto IncNAKA4,467 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0213% of 21M · $139.2M mkt cap · 243.1% BTC/MCap
- 22Boyaa Interactive International Limited0434.HK4,201 BTCFreshness: fresh, within filer cadence.2026-08-2026d0.0200% of 21M · — mkt cap · — BTC/MCap
- 23OranjeBTCOBTC3.SA3,950 BTCFreshness: fresh, within filer cadence.2026-08-2323d0.0188% of 21M · — mkt cap · — BTC/MCap
- 24Bitcoin Group SEADE.DE3,563 BTCFreshness: fresh, within filer cadence.2025-12-31258d0.0170% of 21M · — mkt cap · — BTC/MCap
- 25Capital B SAALCPB.PA3,521 BTCFreshness: fresh, within filer cadence.2026-09-078d0.0168% of 21M · — mkt cap · — BTC/MCap
- 26H100 Group ABH1003,506.4 BTCFreshness: fresh, within filer cadence.2026-08-1036d0.0167% of 21M · — mkt cap · — BTC/MCap
- 27DDC Enterprise LimitedDDC2,899 BTCFreshness: fresh, within filer cadence.2026-09-0213d0.0138% of 21M · $12.5M mkt cap · 1750.8% BTC/MCap
- 28The Smarter Web Company PLCSWC.L2,747 BTCFreshness: fresh, within filer cadence.2026-09-0213d0.0131% of 21M · — mkt cap · — BTC/MCap
- 29Keel Infrastructure Corp.KEEL2,261 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0108% of 21M · $2.03B mkt cap · 8.5% BTC/MCap
- 30Canaan Inc.CAN1,915.5 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0091% of 21M · $229.3M mkt cap · 63.3% BTC/MCap
- 31Remixpoint, Inc.3825.T1,501.27 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0071% of 21M · — mkt cap · — BTC/MCap
- 32ANAP Holdings Inc.3189.T1,432.16 BTCFreshness: fresh, within filer cadence.2026-08-3115d0.0068% of 21M · — mkt cap · — BTC/MCap
- 33BitFuFu Inc.FUFU1,373 BTCFreshness: fresh, within filer cadence.2026-08-3115d0.0065% of 21M · $211.7M mkt cap · 49.1% BTC/MCap
- 34Empery DigitalEMPD1,279 BTCFreshness: fresh, within filer cadence.2026-08-0640d0.0061% of 21M · $155.0M mkt cap · 62.5% BTC/MCap
- 35CIMG Inc.CIMG1,145.4 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0055% of 21M · $5.6M mkt cap · 1558.8% BTC/MCap
- 36Cango Inc.CANG1,056 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0050% of 21M · $76.3M mkt cap · 104.9% BTC/MCap
- 37ZOOZ Strategy Ltd.ZOOZ1,047 BTCFreshness: fresh, within filer cadence.2026-08-2323d0.0050% of 21M · $57.4M mkt cap · 138.1% BTC/MCap
- 38Core Scientific, Inc.CORZ848 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0040% of 21M · $5.15B mkt cap · 1.3% BTC/MCap
- 39SOS LimitedSOS802.77 BTCFreshness: past the cadence threshold, a fresher filing should exist.2025-12-31258d ⚠0.0038% of 21M · $14.3M mkt cap · 425.6% BTC/MCap
- 40Aker ASAAKER.OL754 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier0.0036% of 21M · — mkt cap · — BTC/MCap
- 41Bitcoin Treasury CorporationBTCT.V737.71 BTCFreshness: fresh, within filer cadence.2026-08-3115d0.0035% of 21M · — mkt cap · — BTC/MCap
- 42Cipher Digital Inc.CIFR646 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0031% of 21M · $6.26B mkt cap · 0.8% BTC/MCap
- 43Alliance Resource Partners, L.P.ARLP645.96 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0031% of 21M · $3.36B mkt cap · 1.5% BTC/MCap
- 44Méliuz S.A.CASH3.SA604.69 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0029% of 21M · — mkt cap · — BTC/MCap
- 45Exodus Movement, Inc.EXOD600 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0029% of 21M · $190.3M mkt cap · 23.9% BTC/MCap
- 46Phoenix Group PLCPHX.AD559 BTCFreshness: fresh, within filer cadence.2026-06-3077d0.0027% of 21M · — mkt cap · — BTC/MCap
- 47Bitmax Co., Ltd.377030.KQ551.24 BTCFreshness: fresh, within filer cadence.2026-08-1432d0.0026% of 21M · — mkt cap · — BTC/MCap
- 48Samara Asset GroupSRAG.DU540 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier0.0026% of 21M · — mkt cap · — BTC/MCap
- 49Figure Technology Solutions, IncFIGR527 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier0.0025% of 21M · $7.47B mkt cap · 0.5% BTC/MCap
- 50PreneticsPRE502 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier0.0024% of 21M · $387.3M mkt cap · 9.8% BTC/MCap
| 1 | MSTR | 845,050 | Freshness: fresh, within filer cadence.2026-09-132d | |
| 2 | Twenty One Capital, Inc. | XXI | 43,514 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 3 | Metaplanet Inc. | MPJPY | 43,000 | Freshness: fresh, within filer cadence.2026-08-1828d |
| 4 | MARA Holdings, Inc. | MARA | 35,577 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 5 | Strive | ASST | 25,000 | Freshness: fresh, within filer cadence.2026-09-114d |
| 6 | Bullish | BLSH | 21,580 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 7 | SpaceX | SPCX | 18,712 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 8 | Coinbase Global, Inc. | COIN | 17,864 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 9 | Trump Media & Technology Group Corp. | DJT | 14,139 | Freshness: fresh, within filer cadence.2026-07-3146d |
| 10 | CleanSpark, Inc. | CLSK | 12,205 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 11 | Tesla, Inc. | TSLA | 11,509 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 12 | Riot Platforms, Inc. | RIOT | 11,380 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 13 | Hut 8 Mining Corp | HUT | 9,314 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 14 | Block, Inc. | XYZ | 9,117 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 15 | American Bitcoin Corp | ABTC | 8,002 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 16 | GD Culture Group | GDC | 7,500 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 17 | Galaxy Digital Holdings Ltd | GLXY | 6,894 | Freshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier |
| 18 | Next Technology Holding Inc. | NXTT | 5,833 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 19 | Gemini Space Station Inc | GEMI | 5,528 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 20 | ProCap Financial | BRR | 5,305 | Freshness: fresh, within filer cadence.2026-09-0213d |
| 21 | Nakamoto Inc | NAKA | 4,467 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 22 | Boyaa Interactive International Limited | 0434.HK | 4,201 | Freshness: fresh, within filer cadence.2026-08-2026d |
| 23 | OranjeBTC | OBTC3.SA | 3,950 | Freshness: fresh, within filer cadence.2026-08-2323d |
| 24 | Bitcoin Group SE | ADE.DE | 3,563 | Freshness: fresh, within filer cadence.2025-12-31258d |
| 25 | Capital B SA | ALCPB.PA | 3,521 | Freshness: fresh, within filer cadence.2026-09-078d |
| 26 | H100 Group AB | H100 | 3,506.4 | Freshness: fresh, within filer cadence.2026-08-1036d |
| 27 | DDC Enterprise Limited | DDC | 2,899 | Freshness: fresh, within filer cadence.2026-09-0213d |
| 28 | The Smarter Web Company PLC | SWC.L | 2,747 | Freshness: fresh, within filer cadence.2026-09-0213d |
| 29 | Keel Infrastructure Corp. | KEEL | 2,261 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 30 | Canaan Inc. | CAN | 1,915.5 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 31 | Remixpoint, Inc. | 3825.T | 1,501.27 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 32 | ANAP Holdings Inc. | 3189.T | 1,432.16 | Freshness: fresh, within filer cadence.2026-08-3115d |
| 33 | BitFuFu Inc. | FUFU | 1,373 | Freshness: fresh, within filer cadence.2026-08-3115d |
| 34 | Empery Digital | EMPD | 1,279 | Freshness: fresh, within filer cadence.2026-08-0640d |
| 35 | CIMG Inc. | CIMG | 1,145.4 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 36 | Cango Inc. | CANG | 1,056 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 37 | ZOOZ Strategy Ltd. | ZOOZ | 1,047 | Freshness: fresh, within filer cadence.2026-08-2323d |
| 38 | Core Scientific, Inc. | CORZ | 848 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 39 | SOS Limited | SOS | 802.77 | Freshness: past the cadence threshold, a fresher filing should exist.2025-12-31258d ⚠ |
| 40 | Aker ASA | AKER.OL | 754 | Freshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier |
| 41 | Bitcoin Treasury Corporation | BTCT.V | 737.71 | Freshness: fresh, within filer cadence.2026-08-3115d |
| 42 | Cipher Digital Inc. | CIFR | 646 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 43 | Alliance Resource Partners, L.P. | ARLP | 645.96 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 44 | Méliuz S.A. | CASH3.SA | 604.69 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 45 | Exodus Movement, Inc. | EXOD | 600 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 46 | Phoenix Group PLC | PHX.AD | 559 | Freshness: fresh, within filer cadence.2026-06-3077d |
| 47 | Bitmax Co., Ltd. | 377030.KQ | 551.24 | Freshness: fresh, within filer cadence.2026-08-1432d |
| 48 | Samara Asset Group | SRAG.DU | 540 | Freshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier |
| 49 | Figure Technology Solutions, Inc | FIGR | 527 | Freshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier |
| 50 | Prenetics | PRE | 502 | Freshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier |
Reading this table
Full methodology →- #
- Rank by BTC held among the published rows, recomputed on every refresh.
- Company
- Issuer name as it appears in its filings; the * marker opens a row footnote.
- Ticker
- Primary listing symbol (home exchange for non-US issuers).
- BTC Held
- Total Bitcoin on the company's balance sheet, per the cited filing or disclosure.
- As of
- Date the cited figure is measured at, with its age in days at the current snapshot. Rows can be older than the page date. Blank rows await a per-row citation.
- Market Cap
- Basic shares outstanding multiplied by stock price, in USD.
- BTC/MCap %
- Value of the BTC holdings as a percentage of market cap. Above 100%, the Bitcoin alone is worth more than the equity.
- % of 21M
- Holdings as a percentage of Bitcoin's fixed 21 million supply.
The dot before each As-of date rates the row against its own filer-cadence threshold — the same threshold behind the amber age chip.
- Legend: fresh, within filer cadence.Fresh
- Within the issuer's filing cadence.
- Legend: past the cadence threshold, a fresher filing should exist.Past threshold
- A fresher filing should exist. The row's As-of turns amber.
- Legend: unverified, pre-citation; vintage is the dataset ceiling.Unverified — pre-citation
- No per-row citation yet. The row shows its vintage in words: last moved on the dataset ceiling date or earlier. Uncited rows leave the public table at the sunset date stated in the methodology.
Tap or click any marker for its detail and the link to the source.
- *
- Row footnote — a composition note such as a separately listed subsidiary excluded from the parent's total, a native/wrapped split, or a derived figure with its inputs.
- +N
- The issuer's most recent disclosed purchase, filed within the last 7 days — the figure and the acquisition period are the filing's own, and the badge links to it. One filing only; filings are never summed.
- issuer announcement
- The figure comes from the issuer's own press release because no filing states it yet; it is replaced automatically by the filed figure when a filing appears.
Data as of September 15, 2026 ·
About these figures
As of September 15, 2026, this tracker follows 182 publicly traded companies holding Bitcoin on their balance sheets — 1,218,765 BTC in total, or 5.80% of the fixed 21 million supply — and publishes the 50 largest, which together hold 1,207,206 BTC (5.75% of supply). The largest holder is Strategy (MSTR) with 845,050 BTC. 45 of the 50 published rows currently carry a per-row primary-source citation — an SEC filing, home-exchange disclosure, or issuer investor-relations publication — with the remainder being backfilled, and every editorial correction is published with its filing citation.
- Companies published
- 50 of 182 tracked
- BTC held (published)
- 1,207,206 of 1,218,765 tracked
- Of 21M supply
- 5.75% · 5.80% tracked
- Entities tracked
- 333
Disclaimer: Data shown is for informational purposes only and should not be considered financial advice. Holdings data is sourced from public filings and announcements; actual holdings may differ. Market cap, stock price, and derived metrics are point-in-time and may not reflect current values. Always verify data from primary sources before making investment decisions.
Understanding Bitcoin Treasury Companies
A growing number of public companies are adopting Bitcoin as a treasury reserve strategy, adding BTC to their balance sheets alongside or in place of traditional reserves like cash, bonds, and money market funds. This trend accelerated after Strategy (MSTR) pioneered the approach in August 2020, creating an entirely new class of Bitcoin-backed equities that spans industries, countries, and market caps.
The BTC/Market Cap % metric shows what fraction of a company's equity value is backed by Bitcoin. A ratio above 100% means the Bitcoin alone is worth more than the company's market cap — the market is assigning negative value to the operating business, or equivalently, equity trades at a discount to Bitcoin NAV. Companies with high BTC/MCap ratios are more "pure play" Bitcoin exposure; those with low ratios have significant non-Bitcoin value.
Key Metrics Explained
BTC/Market Cap % measures how much of a company's equity value is backed by Bitcoin. A ratio above 100% means the Bitcoin is worth more than the entire company — equivalent to an mNAV below 1.0. Companies with high BTC/MCap ratios are more "pure play" Bitcoin exposure; those with low ratios have significant non-Bitcoin value.
% of 21M shows holdings relative to Bitcoin's fixed supply cap of 21 million. Strategy alone holds over 4.0% of all Bitcoin that will ever exist, making it the largest single corporate holder.
Explore More
How many public companies hold Bitcoin?
As of September 15, 2026, this tracker follows 182 publicly traded companies holding Bitcoin on their balance sheets and publishes the 50 largest by BTC held. Both counts are recomputed from the dataset on every refresh — the tracked count rises as new companies disclose positions and falls when issuers are acquired, merge, or are removed after their disclosures no longer support a position; the published set is re-ranked live, so companies move in and out of the table as holdings change.
How much Bitcoin do public companies own?
Public companies collectively hold 1,218,765 BTC — approximately 5.80% of Bitcoin's fixed 21 million supply, worth $92.3 billion at the snapshot price. Across all categories this tracker follows (public and private companies, governments, ETFs and funds, and DeFi protocols), 333 entities hold 4,137,098 BTC.
Which public company owns the most Bitcoin?
Strategy (MSTR) is the largest corporate Bitcoin holder with 845,050 BTC — 4.02% of all Bitcoin that will ever exist. The next largest public-company holders are Twenty One Capital, Inc. (43,514 BTC) and Metaplanet Inc. (43,000 BTC).
How is this data verified?
Verifying a row means pinning it to a primary source: an SEC filing (10-K, 10-Q, or 8-K via EDGAR), a home-exchange disclosure, or an issuer investor-relations publication. 47 of the 182 tracked rows (45 of the 50 published) currently carry that per-row citation with the filing link and its as-of date — the remainder are being backfilled — and the build refuses to publish an editor-pinned holdings value without its citation. Issuers that merge or terminate are recorded in an exclusion registry so they cannot silently re-enter the dataset. Every editorial correction — the before and after values, the reason, and the primary-source link — is published in a public reconciliation ledger.
How often is this data updated?
The dataset refreshes daily at about 13:00 UTC: stock prices and share counts update on every run, and market cap is always recomputed as shares outstanding times price. Filing-driven holdings updates land as they are verified — for example, Strive's and Strategy's weekly holdings 8-Ks are watched on EDGAR every five minutes through the weekday filing window (about 12:00–18:00 UTC) and applied after passing an automated guard suite. Editorial corrections apply immediately: the table merges the latest verified corrections when the page loads, ahead of the next daily rebuild. The exact data timestamp is shown beneath the table.
What does BTC/MCap % mean?
BTC/MCap % shows the value of a company's Bitcoin holdings as a percentage of its market cap. A value above 100% means the Bitcoin alone is worth more than the company's market cap — indicating the market is assigning negative value to the operating business, or equivalently, that equity trades at a discount to Bitcoin NAV.
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