Institutions now hold 18.5% of all Bitcoin that will ever exist

Nearly one in five Bitcoin belongs to an institution. That’s not a projection or a bull-case scenario. It’s the current state of play.

According to BitcoinTreasuries data, 254 tracked entities now hold 3,902,128 BTC, representing 18.582% of Bitcoin’s hard-capped 21 million supply. The combined value sits around $287 billion.

Who owns what

Exchange-traded funds sit at the top of the food chain, holding approximately 1,486,650 BTC, or 7.079% of total supply. BlackRock’s IBIT stands out as one of the most prominent vehicles in this category.

Public companies come in second with roughly 1,198,352 BTC, accounting for 5.706% of supply. Strategy, the firm formerly known as MicroStrategy, leads this group with approximately 843,738 BTC. That single company holds more than 70% of all publicly traded corporate Bitcoin.