Top 10 Bitcoin Treasuries: The Largest Corporate and Government BTC Holders Today
2025-11-11
Bitcoin treasuries have become a central indicator of long term conviction in digital assets. Public companies and national governments are steadily increasing their BTC reserves, reinforcing Bitcoin’s position as a store of value.
Updated data from CoinGecko shows institutional holdings have surpassed 1.67 million BTC, reflecting growing strategic adoption.
This report highlights the Top 10 BTC Treasuries with clear profiles, updated metrics, and contextual insights to help readers understand how major players are positioning themselves in the Bitcoin economy.
Earn bonuses and receive free crypto tokens just by participating in Bitrue’s ongoing events and promotions. Register now!
1. MicroStrategy – 641,205 BTC
MicroStrategy remains the undisputed leader among global Bitcoin treasuries. The company’s continuous accumulation strategy now stands at 641,205 BTC, far ahead of any public or private entity.
The firm’s latest significant increase includes more than 1,175 BTC added in the past 30 days. Under the leadership of Michael Saylor, Bitcoin has evolved from a treasury asset into a core corporate strategy.
The current valuation of MicroStrategy’s holdings exceeds sixty eight billion dollars, while its cost basis sits around forty seven billion dollars. This position represents more than 3 percent of the c setting a benchmark for corporate BTC conviction.
Read Also: Bitcoin Treasury List: Companies and Countries Holding the Most Bitcoin in 2025
2. United States Government – 325,293 BTC
The United States government holds the second largest Bitcoin treasury globally, accumulating assets primarily through law enforcement seizures, including cases linked to Silk Road, criminal forfeitures, and recovered hacked funds.
The current reserve sits at 325,293 BTC with a notable recent movement of more than 127,000 BTC in activity logs. The holdings are valued at more than thirty four billion dollars.
Although the government does not label these assets as long term reserves, it continues to play a significant role in Bitcoin’s supply dynamics due to periodic auctions and transfers.

3. China – 190,000 BTC
China remains one of the largest state level holders of Bitcoin despite regulatory crackdowns on crypto trading and mining. Its 190,000 BTC treasury stems largely from confiscations related to cybersecurity and criminal cases.
The current estimated value surpasses twenty billion dollars. These holdings continue to be stored under government control, with little transparency on future liquidation or retention strategies.
Despite a public stance against private Bitcoin activity, China’s BTC cache has grown into a sizable sovereign level reserve.
Read Also: Ethereum ETFs and Treasury Acquire 3.2% of ETH Supply Since June
4. United Kingdom – 61,245 BTC
The United Kingdom maintains its Bitcoin reserves primarily through law enforcement seizures conducted by the National Crime Agency. With 61,245 BTC, the treasury is valued above six and a half billion dollars.
The assets originate from confiscated criminal funds, money laundering cases, and cybercrime operations.
While the UK does not officially classify Bitcoin as part of a national reserve policy, this treasury offers insight into the scale of digital assets passing through criminal investigations.
5. MARA Holdings – 53,250 BTC
Marathon Digital Holdings has continued expanding its Bitcoin mining operations, contributing to a growing treasury of 53,250 BTC. The company recently added 400 BTC within the last 30 days.
Marathon stands as one of the largest publicly traded mining firms worldwide, regularly reinvesting mining output into long term reserves.
Their current holdings are valued at approximately five and a half billion dollars, reflecting a strong institutional commitment to the asset.
Read Also: Corporate Solana Holdings: The Rise of SOL as a Treasury Asset
6. XXII (Cenntro Electric / CEP.US) – 43,514 BTC
The sixth largest holder is XXII, with 43,514 BTC in its treasury. The valuation stands at more than four and a half billion dollars.
The company’s strategy focuses on maintaining digital assets as part of its long term reserve structure.
With consistent treasury stability and transparent reporting, XXII remains a notable presence among corporate BTC holders.
7. Metaplanet – 30,823 BTC

Japan’s Metaplanet has been building a reputation as the country’s leading Bitcoin focused corporate holder.
With 30,823 BTC on its balance sheet, valued above three point two billion dollars, the company has positioned Bitcoin as a hedge against currency volatility.
This strategy reflects growing interest among Japanese firms exploring alternative reserve assets amid sustained monetary easing environments.
Read Also: Mainstream Holds, Privacy Explodes, AI Cools – Back to Basics!
8. Bitcoin Standard Treasury Company – 30,021 BTC
The Bitcoin Standard Treasury Company follows a specialized strategy centered on maintaining direct Bitcoin exposure for its shareholders.
With 30,021 BTC valued at more than three point one billion dollars, the company plays a niche role in the corporate digital reserve ecosystem. Its holdings remain stable with no recent major accumulation or liquidation reported.
9. Bullish – 24,000 BTC
Bullish, a regulated digital asset exchange, holds approximately 24,000 BTC valued at two and a half billion dollars.
These holdings support liquidity operations, institutional market making, and long term treasury allocation.
Bullish maintains clear transparency regarding its asset reserves and uses Bitcoin as a core liquidity tool within its exchange infrastructure.
Read Also: About Ripple Gateway What is it and How to use it
10. Riot Platforms – 19,287 BTC
Riot Platforms rounds out the top ten with 19,287 BTC. While the company reported zero net BTC added this month, Riot continues to strengthen its mining capacity through ongoing infrastructure expansion in Texas.
The current valuation of its reserves exceeds two billion dollars. Riot’s treasury strategy focuses on retaining mined Bitcoin as a long term asset, aligning with broader industry trends among major miners.
Join Bitrue today and explore a secure way to trade top digital assets while earning exclusive rewards and using powerful trading features.
Conclusion
The Top 10 Bitcoin Treasuries reveal a growing commitment from corporations and governments to hold significant BTC positions.
The combined reserves underscore Bitcoin’s evolving role in institutional finance, with entities using it for balance sheet diversification, strategic reserves, and operational liquidity.
As accumulation trends continue, these treasuries are likely to influence both market supply and long term investor confidence.
The presence of multiple governments alongside leading mining firms and global corporations illustrates the widening adoption of Bitcoin in economic and regulatory contexts.
FAQ
What is a Bitcoin treasury?
A Bitcoin treasury refers to the amount of BTC held on the balance sheet of a corporation, public entity, or government. These holdings may serve as long term reserves, strategic assets, or seized funds maintained by law enforcement agencies.
Why do companies hold Bitcoin in their treasuries?
Companies hold Bitcoin for reasons that include hedging against inflation, diversifying reserves, supporting digital asset operations, or aligning with long term investment themes. For crypto mining firms, it also represents accumulated mining output retained as a strategic asset.
Which government holds the most Bitcoin?
The United States government holds the most Bitcoin, with more than 325,000 BTC in its possession. These holdings are not purchased but obtained primarily through criminal seizures and asset forfeitures.
Are corporate Bitcoin holdings increasing?
Yes. Several major companies, particularly in the mining and technology sectors, continue to increase BTC reserves. MicroStrategy and Marathon Digital are among the most active accumulators.
Does Bitcoin supply held in treasuries impact the market?
Large treasuries can influence liquidity and long term supply trends. When institutions accumulate BTC, fewer coins remain available on public markets, which can impact price dynamics during strong demand periods.
Disclaimer: The content of this article does not constitute financial or investment advice.




