Top 10 Public Companies Holding the Most Bitcoin in 2026

Not long ago, the idea of publicly traded companies holding Bitcoin as a reserve asset seemed unrealistic. The asset was widely viewed as too volatile and outside the scope of traditional finance.

That perception has shifted dramatically. In recent years, major institutions have begun allocating capital to Bitcoin, signaling growing confidence in its long-term potential.

The turning point came in 2020 when MicroStrategy made a significant Bitcoin purchase, opening the door for others such as Tesla and Block to follow.

According to BitcoinTreasuries, public companies now control over 5% of Bitcoin’s total supply. Below are the largest corporate holders as of 2026.

1. Strategy (formerly MicroStrategy)

Strategy has positioned itself as the leading corporate Bitcoin holder. The company transitioned from a software-focused business into a Bitcoin treasury-driven model.

With approximately 780,000 BTC in reserves, Strategy controls a significant share of the total Bitcoin supply. Its aggressive accumulation strategy has made it a benchmark for institutional Bitcoin adoption.

Led by Michael Saylor, the company continues to treat Bitcoin as its primary reserve asset, regularly adding to its holdings and promoting long-term adoption.

2. Twenty One Capital

Twenty One Capital holds over 43,000 BTC, making it one of the largest institutional holders.

The firm focuses exclusively on Bitcoin-related strategies, distinguishing itself from companies that simply add BTC to their balance sheets. Backed by partners like Tether, Bitfinex, and SoftBank, it aims to expand Bitcoin adoption globally.

3. Metaplanet

Metaplanet, often referred to as the “Asian Strategy,” holds over 40,000 BTC.

The company has rapidly expanded its Bitcoin-focused strategy while also integrating BTC into its business model, including rebranding parts of its operations around Bitcoin.

Its long-term goal includes significantly increasing its holdings, positioning itself as a major institutional player in Asia.

4. MARA

MARA (formerly Marathon Digital) holds nearly 39,000 BTC.

As a mining-focused company, its Bitcoin reserves are partly generated through operations. Recently, the company has diversified into AI infrastructure and energy solutions, occasionally selling portions of its holdings to fund expansion.

5. Bitcoin Standard Treasury Company

Bitcoin Standard Treasury Company is expected to enter the public market with over 30,000 BTC.

Led by Adam Back, the firm is built around a single objective: increasing Bitcoin ownership per share while promoting adoption.

6. Riot Platforms

Riot Platforms holds over 15,000 BTC.

The company has expanded its mining operations significantly over the years while also adapting its business model to include new revenue streams such as AI infrastructure.

7. Coinbase

Coinbase is one of the most recognized names in the crypto industry and holds over 15,000 BTC on its balance sheet.

As a publicly traded exchange, it continues to invest in Bitcoin while expanding its services, including lending and tokenized Bitcoin products.

8. Strive Asset Management

Strive Asset Management has built a substantial Bitcoin position exceeding 13,000 BTC.

The firm has actively raised capital to expand its holdings and acquire other Bitcoin-focused companies, strengthening its presence in the market.

9. Hut 8

Hut 8 holds close to 14,000 BTC.

The company combines mining operations with broader infrastructure investments, including data centers and AI-related projects, positioning itself beyond traditional mining.

10. CleanSpark

CleanSpark holds over 13,000 BTC.

Unlike some competitors, CleanSpark emphasizes mining efficiency, preferring to produce Bitcoin at lower costs rather than purchasing it directly from the market.

Final Thoughts

The growing number of public companies holding Bitcoin highlights a major shift in how institutions view digital assets. What was once considered a speculative investment is now increasingly treated as a strategic reserve.

As adoption continues to expand, corporate Bitcoin holdings may play an even larger role in shaping market dynamics, liquidity, and long-term price trends.