The editors of BeInCrypto have scrutinized Bitcoin (BTC) wallets to find out which companies and governments are the largest corporate holders of Bitcoin. Unsurprisingly, Michael Saylor’s MicroStrategy holds the largest number of Bitcoin for a public company at 152,800, equal to roughly 0.7% of the total supply.
Miner Marathon Digital Holdings controls the second-largest corporate holding, just under 13,000 BTC. The company controls 0.062% of the asset’s issue, while car manufacturer Tesla owns 10,725.
Corporates and Governments Keep 4% of All Issued Bitcoin
Effectively, public companies control about 1% of the total issued Bitcoin, according to BuyBitcoinWorldWide.
Eight other private entities are responsible for about 1.1% of the BTC supply, while US and Chinese authorities control most of the 2% supply held by governments.
Largest Exchange Wallets Hold 1.2 Million BTC
According to data from Bitinfocharts, two out of the top five largest BTC wallets hold 363,774 Bitcoin and belong to Binance. The exchange also controls another seven of the top 100 addresses.
Meanwhile, New York-based Gemini Exchange owns the third-largest wallet among exchanges with 118,300 Bitcoin.
Top 100 Wallets Control 15% of BTC Issued
After analyzing all the available data, it appears that Binance wallets hold most of the Bitcoin supply. In second place is the US government, and the third-largest holder is Mt. Gox. Around 100 wallets control about 15% of the total Bitcoin supply.
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