The Companies Who Own the Most Bitcoin in 2025

Who Owns the Most Bitcoin in 2025? Top Companies Ranked

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Bitcoin’s adoption story is shifting from retail investors to major corporations.

Today, a growing number of companies are holding billions of dollars’ worth of Bitcoin on their balance sheets, which they view as a hedge against inflation and currency devaluation.

In this infographic, we find out which companies own the most Bitcoin, as of July 31, 2025.

Data & Discussion

The data for this visualization comes from BitcoinTreasuries.net. It tracks publicly reported Bitcoin holdings by corporations worldwide, offering a snapshot of how deeply businesses are exposed to the world’s leading cryptocurrency.

Bitcoin holdings are as of July 31, 2025, and value is based on a BTC price of $118,454 USD.

MicroStrategy Changes its Strategy

Strategy (formerly MicroStrategy) is in a league of its own. With nearly 629,000 Bitcoin worth over $70 billion, it holds more than all other public companies combined.

Since first buying in 2020, Strategy has consistently doubled down on its Bitcoin strategy, turning itself into a proxy for Bitcoin exposure in public markets.

In early 2025, the company rebranded with a new stylized “B” logo and orange color scheme, signaling its evolution from a software provider into the world’s largest Bitcoin treasury company.

Since the last time we covered this topic in early 2024, Strategy has grown its portfolio by 454,261 Bitcoin.

Other Major Bitcoin Treasuries

After Strategy, the next largest holders are MARA Holdings (50,000 BTC, $5.9B) and XXI (43,514 BTC, $5.2B). Both are large-scale Bitcoin miners and investors, underscoring how deeply the mining industry is intertwined with Bitcoin accumulation.

In fifth place is Trump Media & Technology Group (TMTG), which has committed $2 billion of its liquid holdings to Bitcoin and Bitcoin-related securities. The company has also filed to launch several crypto ETFs that invest in Bitcoin and other digital assets.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Bitcoin’s Total Market Share on Voronoi, the new app from Visual Capitalist.

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