On-Chain

🏦 Corporate Crypto Treasury

Public companies holding Bitcoin & Ethereum on their balance sheets

Total Holdings
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Total Value (USD)
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% of Circulating Supply
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Companies Holding
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#CompanyCountryHoldingsUSD Value% Supply

Corporate Bitcoin holdings explained

What this page tracks

Public companies that hold Bitcoin on their balance sheets, ranked by the size of those holdings. Reported figures come from company filings and announcements, so they are as current as the last disclosure rather than live β€” a company may have bought or sold since it last reported.

Why companies hold it

The stated reasoning is usually treasury diversification: holding a fixed-supply asset alongside cash as a hedge against currency debasement. In practice motivations vary. For some it is a genuine treasury policy; for others the announcement itself moves the share price, which makes the decision partly a market-facing one. Accounting treatment has also changed, and companies can now generally report these holdings at fair value rather than only writing them down, which removed a significant deterrent.

What it signals, and what it does not

Corporate holdings are often read as institutional validation, and there is something to that: it represents capital committed with a long horizon and disclosed publicly. But the total held by companies is small relative to the whole market, and it is concentrated in a handful of firms. Treating a few companies' decisions as a broad institutional trend overstates what the data shows.

The risk that runs both ways

Companies holding large positions link their share price to Bitcoin, which cuts both ways in a fall. Several have funded purchases with debt or equity issuance, which adds leverage to that exposure. A firm forced to sell in a downturn would be selling into the same weakness affecting its own valuation.

Market data on this page is provided for information only and is not financial, investment or tax advice. Cryptocurrency prices are volatile and you can lose money. Always do your own research.