The Top 10 Crypto Companies Own 4% of Global BTC Supply

[mlawson71]

According to a new report by the financial comparisons provider Bankr, 4% of the global BTC supply – that is about 843,433 BTC, or about 15 billion USD – is held by only ten companies. Six of those companies were founded in the USA. The other four are from Canada, Switzerland, Germany, and the UK.

The American companies are:

- the Grayscale Bitcoin Trust, which holds 2.43% of the total BTC supply or 509, 581 BTC that are valued at  9.27 billion USD

- Block.one which owns some 140,000 BTC worth a total of 2.59 billion USD

- Microstrategy, which owns 38,250 BTC, or 707.62 million USD

- Galaxy Digital Holdings owns 16,651 BTC or 308.08 million USD

- the Stone Ridge Holdings Group owns 10,889 BTC or 201.44 million USD

- Square Inc. owns 4709 BTC, or $87.44 million

The UK company is called Coinshares/XBT and it owns 69,730 BTC that are worth 1.29 billion USD. The Swiss company is Tezos Foundation with 24,808BTC or 458.94 million USD.

Source

That is a staggering sum, but I think it is also a great indicator about how profitable Bitcoin has been for the past years.