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How Much Bitcoin Do the Big Crypto Companies Hold?

How Much Bitcoin Do the Big Crypto Companies Hold?

CryptodnesCryptodnes2024/09/06 07:36
By:Cryptodnes

Coinbase reportedly currently holds 2,275,123 BTC, which is about 10.8% of the cryptocurrency's total supply (21 million tokens).

The largest share of the cryptocurrency supply is held by centralized exchanges (CEX), which hold 1,105,318 BTC .

Coinbase’s retail exchange alone controls over 1 million BTC, with additional contributions from platforms such as Revolut and Bitvavo.

The second largest category is ETFs and ETPs, which together manage over 808,000 BTC, with US-based ETFs dominating this segment.

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How Much Bitcoin Do the Big Crypto Companies Hold?

Coinbase Prime Custody, a service tailored for institutional clients, holds 137,947 BTC, while Coinbase Prime’s broader offerings, such as liquidity and trading tools, have 106,541 BTC through various funds and over-the-counter (OTC) services.

Corporations such as MicroStrategy, Tesla and SpaceX collectively hold over 99,000 BTC, with MicroStrategy having the largest stake.

Finally, Bitcoin miners, including companies like CleanSpark, Cipher Mining, and Bitfarms, collectively own around 17,609 BTC.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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