PakGazette – Institutional adoption of (BTC) continues to accelerate, with treasuries now collectively holding 3,000,000 BTC valued at $317 billion. This represents 14% of the total supply that will ever exist, reveals self-proclaimed Bitcoin historian Pete Rizzo.
MicroStrategy remains the largest individual corporate holder, having recently acquired an additional 11,000 BTC for $1.1 billion at an average price of $101,191 per BTC. The company’s total holdings now stand at 461,000 BTC, worth approximately $29.3 billion, with an average acquisition cost of $63,110 per BTC.
Other notable holders include MARA Holdings, a prominent Bitcoin mining company, which is in second place, with 44,893 BTC valued at $4.65 billion. Riot Platforms (NASDAQ:), another mining company, follows in third place, with 17,722 BTC worth around $1.84 billion.
A broader analysis shows that the structure of these institutional holdings is diverse. Bitcoin spot ETFs represent 1,307,868 BTC, and BlackRock (NYSE:) dominates a significant portion of this category, with 563,134 BTC valued at $58.29 billion. Public companies including MicroStrategy collectively own 608,381 BTC.
Governments, such as those of China and the United States, hold 513,199 BTC, with each holding at least 190,000 BTC. Additionally, 407,212 BTC are held by private companies like Block One, and 165,677 BTC are locked within DeFi protocols like Wrapped Bitcoin.
The fact that Bitcoin is becoming more popular as an investment is demonstrated by the fact that institutions are getting involved in it. Large entities are playing a key role in the growth of the market, whether investing directly, using it as collateral or diversifying their treasury.
As this trend continues, the long-term impact on Bitcoin adoption and its price dynamics could be enormous.
