Top Institutional Bitcoin Holders Control Over 1.26 Million BTC
- The top 100 institutional holders now control approximately 1,258,090 BTC as of June 8, totaling over two-thirds of the total held by Strategy alone.
- Strategy leads with a holding of exactly 845,256 BTC, significantly more than any other entity.
- Other notable holders include Twentyone Capital with 43,514 BTC and Japan’s Metaplanet with 40,177 BTC.
- Marathon Digital contributes to the list with a holding of 35,303 BTC.
- The top holders account for over six percent of Bitcoin’s maximum supply of 21 million.
Institutional accumulation of bitcoin has grown significantly, with the top holders reflecting a diverse range of industries including mining firms and technology companies globally. This concentration highlights a strategic use of bitcoin for diversifying reserves and hedging inflation risks.
The dominance by Strategy underscores the uneven distribution among institutional investors, making it a key player in market liquidity dynamics due to its substantial holdings in BTC . (Source )
