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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
50 public companies · 1,207,206 BTC · 5.75% of 21MSnapshot 2026-09-15
  1. 845,050 BTCFreshness: fresh, within filer cadence.2026-09-132d
    4.0240% of 21M · $51.49B mkt cap · 124.3% BTC/MCap
  2. 2Twenty One Capital, Inc.XXI
    43,514 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.2072% of 21M · $3.50B mkt cap · 94.1% BTC/MCap
  3. 3Metaplanet Inc.MPJPY
    43,000 BTCFreshness: fresh, within filer cadence.2026-08-1828d
    0.2048% of 21M · $2.21B mkt cap · 147.4% BTC/MCap
  4. 4MARA Holdings, Inc.MARA
    35,577 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.1694% of 21M · $4.34B mkt cap · 62.1% BTC/MCap
  5. 5StriveASST
    25,000 BTCFreshness: fresh, within filer cadence.2026-09-114d
    0.1190% of 21M · $2.62B mkt cap · 72.3% BTC/MCap
  6. 6BullishBLSH
    21,580 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.1028% of 21M · $4.17B mkt cap · 39.2% BTC/MCap
  7. 7SpaceXSPCX
    18,712 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0891% of 21M · $1.89T mkt cap · 0.1% BTC/MCap
  8. 8Coinbase Global, Inc.COIN
    17,864 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0851% of 21M · $51.43B mkt cap · 2.6% BTC/MCap
  9. 9Trump Media & Technology Group Corp.DJT
    14,139 BTCFreshness: fresh, within filer cadence.2026-07-3146d
    0.0673% of 21M · $2.38B mkt cap · 44.9% BTC/MCap
  10. 10CleanSpark, Inc.CLSK
    12,205 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0581% of 21M · $3.24B mkt cap · 28.5% BTC/MCap
  11. 11Tesla, Inc.TSLA
    11,509 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0548% of 21M · $1.41T mkt cap · 0.1% BTC/MCap
  12. 12Riot Platforms, Inc.RIOT
    11,380 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0542% of 21M · $7.39B mkt cap · 11.7% BTC/MCap
  13. 13Hut 8 Mining CorpHUT
    9,314 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0444% of 21M · $10.73B mkt cap · 6.6% BTC/MCap
  14. 14Block, Inc.XYZ
    9,117 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0434% of 21M · $47.05B mkt cap · 1.5% BTC/MCap
  15. 15American Bitcoin CorpABTC
    8,002 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0381% of 21M · $581.8M mkt cap · 104.2% BTC/MCap
  16. 16GD Culture GroupGDC
    7,500 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0357% of 21M · $5.5M mkt cap · 10420.7% BTC/MCap
  17. 17Galaxy Digital Holdings LtdGLXY
    6,894 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier
    0.0328% of 21M · $4.33B mkt cap · 12.1% BTC/MCap
  18. 18Next Technology Holding Inc.NXTT
    5,833 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0278% of 21M · $7.7M mkt cap · 5720.3% BTC/MCap
  19. 19Gemini Space Station IncGEMI
    5,528 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0263% of 21M · $564.6M mkt cap · 74.2% BTC/MCap
  20. 20ProCap FinancialBRR
    5,305 BTCFreshness: fresh, within filer cadence.2026-09-0213d
    0.0253% of 21M · $272.4M mkt cap · 147.5% BTC/MCap
  21. 21Nakamoto IncNAKA
    4,467 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0213% of 21M · $139.2M mkt cap · 243.1% BTC/MCap
  22. 22Boyaa Interactive International Limited0434.HK
    4,201 BTCFreshness: fresh, within filer cadence.2026-08-2026d
    0.0200% of 21M · mkt cap · BTC/MCap
  23. 23OranjeBTCOBTC3.SA
    3,950 BTCFreshness: fresh, within filer cadence.2026-08-2323d
    0.0188% of 21M · mkt cap · BTC/MCap
  24. 24Bitcoin Group SEADE.DE
    3,563 BTCFreshness: fresh, within filer cadence.2025-12-31258d
    0.0170% of 21M · mkt cap · BTC/MCap
  25. 25Capital B SAALCPB.PA
    3,521 BTCFreshness: fresh, within filer cadence.2026-09-078d
    0.0168% of 21M · mkt cap · BTC/MCap
  26. 26H100 Group ABH100
    3,506.4 BTCFreshness: fresh, within filer cadence.2026-08-1036d
    0.0167% of 21M · mkt cap · BTC/MCap
  27. 27DDC Enterprise LimitedDDC
    2,899 BTCFreshness: fresh, within filer cadence.2026-09-0213d
    0.0138% of 21M · $12.5M mkt cap · 1750.8% BTC/MCap
  28. 28The Smarter Web Company PLCSWC.L
    2,747 BTCFreshness: fresh, within filer cadence.2026-09-0213d
    0.0131% of 21M · mkt cap · BTC/MCap
  29. 29Keel Infrastructure Corp.KEEL
    2,261 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0108% of 21M · $2.03B mkt cap · 8.5% BTC/MCap
  30. 30Canaan Inc.CAN
    1,915.5 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0091% of 21M · $229.3M mkt cap · 63.3% BTC/MCap
  31. 31Remixpoint, Inc.3825.T
    1,501.27 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0071% of 21M · mkt cap · BTC/MCap
  32. 32ANAP Holdings Inc.3189.T
    1,432.16 BTCFreshness: fresh, within filer cadence.2026-08-3115d
    0.0068% of 21M · mkt cap · BTC/MCap
  33. 33BitFuFu Inc.FUFU
    1,373 BTCFreshness: fresh, within filer cadence.2026-08-3115d
    0.0065% of 21M · $211.7M mkt cap · 49.1% BTC/MCap
  34. 34Empery DigitalEMPD
    1,279 BTCFreshness: fresh, within filer cadence.2026-08-0640d
    0.0061% of 21M · $155.0M mkt cap · 62.5% BTC/MCap
  35. 35CIMG Inc.CIMG
    1,145.4 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0055% of 21M · $5.6M mkt cap · 1558.8% BTC/MCap
  36. 36Cango Inc.CANG
    1,056 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0050% of 21M · $76.3M mkt cap · 104.9% BTC/MCap
  37. 37ZOOZ Strategy Ltd.ZOOZ
    1,047 BTCFreshness: fresh, within filer cadence.2026-08-2323d
    0.0050% of 21M · $57.4M mkt cap · 138.1% BTC/MCap
  38. 38Core Scientific, Inc.CORZ
    848 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0040% of 21M · $5.15B mkt cap · 1.3% BTC/MCap
  39. 39SOS LimitedSOS
    802.77 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
  40. 40Aker ASAAKER.OL
    754 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier
    0.0036% of 21M · mkt cap · BTC/MCap
  41. 41Bitcoin Treasury CorporationBTCT.V
    737.71 BTCFreshness: fresh, within filer cadence.2026-08-3115d
    0.0035% of 21M · mkt cap · BTC/MCap
  42. 42Cipher Digital Inc.CIFR
    646 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0031% of 21M · $6.26B mkt cap · 0.8% BTC/MCap
  43. 43Alliance Resource Partners, L.P.ARLP
    645.96 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0031% of 21M · $3.36B mkt cap · 1.5% BTC/MCap
  44. 44Méliuz S.A.CASH3.SA
    604.69 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0029% of 21M · mkt cap · BTC/MCap
  45. 45Exodus Movement, Inc.EXOD
    600 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0029% of 21M · $190.3M mkt cap · 23.9% BTC/MCap
  46. 46Phoenix Group PLCPHX.AD
    559 BTCFreshness: fresh, within filer cadence.2026-06-3077d
    0.0027% of 21M · mkt cap · BTC/MCap
  47. 47Bitmax Co., Ltd.377030.KQ
    551.24 BTCFreshness: fresh, within filer cadence.2026-08-1432d
    0.0026% of 21M · mkt cap · BTC/MCap
  48. 48Samara Asset GroupSRAG.DU
    540 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier
    0.0026% of 21M · mkt cap · BTC/MCap
  49. 49Figure Technology Solutions, IncFIGR
    527 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier
    0.0025% of 21M · $7.47B mkt cap · 0.5% BTC/MCap
  50. 50PreneticsPRE
    502 BTCFreshness: unverified, pre-citation; vintage is the dataset ceiling.unverified — pre-citation; last moved 2026-08-14 or earlier
    0.0024% of 21M · $387.3M mkt cap · 9.8% BTC/MCap
All 50 published · 182 tracked

Reading this table

Full methodology →
Columns
#
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.
As-of freshness

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.
Row markers

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.
Total BTC Held by Category
4,137,098 BTC across 6 categories
Public Companies
1,218,765 BTC · 182 entities · 5.80% of 21M
ETFs & Funds
1,495,433 BTC · 45 entities · 7.12% of 21M
Governments
649,862 BTC · 15 entities · 3.09% of 21M
Private
279,657 BTC · 71 entities · 1.33% of 21M
DeFi
379,334 BTC · 16 entities · 1.81% of 21M
Exchanges
114,047 BTC · 4 entities · 0.54% of 21M

Data as of September 15, 2026 ·

This snapshot is being verified against the latest filings. Holdings figures move only when a filing or verified disclosure moves them — each row's own vintage is shown in the table's "As of" column — and corrections are merged in live from the corrections log.

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.

See: Reconciliation Ledger ·Methodology

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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