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Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-holders-reveal-significant-reserves-across-various-entities/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Holders Reveal Significant Reserves Across Various Entities</a> 
Cryptocurrency enthusiasts are still grasping the magnitude of Bitcoin’s rise. The upcoming data will clearly showcase the levels of interest in the leading <a href="https://en.coin-turk.com/markets-react-positively-to-trumps-potential-victory-in-the-presidential-elections/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a>. This article examines which countries and companies hold how much Bitcoin .
<h2 style="text-align: justify" id="who-holds-how-much-bitcoin">Who Holds How Much Bitcoin?</h2>
Spot Bitcoin ETF issuers include various investors, from countries and public companies to mining firms. Considering the assets held by DeFi platforms, it can be estimated that approximately 14% of BTC supply is retained by them, while the rest is held by other investors.
This massive total reserve equates to $293.5 billion, representing 2.9 million BTC. What outcomes will arise from demand surges such as the U.S. aiming for a 1 million BTC reserve target? This indicates a pathway toward supply scarcity.
<h2 style="text-align: justify" id="countries-bitcoin-holdings">Countries’ Bitcoin Holdings</h2>
The total amount of Bitcoin seized by various governments for illicit activities, alongside voluntarily accumulated reserves, stands at 529,558 BTC, valued at $53.6 billion.
<ul style="text-align: justify">
 <li>The U.S. holds 207,189 BTC.</li>
 <li>China possesses 194,000 BTC.</li>
 <li>The United Kingdom has 61,000 BTC.</li>
 <li>Ukraine retains 46,351 BTC.</li>
 <li>Bhutan holds 13,029 BTC.</li>
 <li>El Salvador has 5,942 BTC.</li>
 <li>Finland holds 1,981 BTC.</li>
 <li>Georgia possesses 66 BTC.</li>
</ul>
The total reserves of publicly traded companies, led by MicroStrategy, amount to 553,639 BTC, equivalent to $55.7 billion, which constitutes 2.63% of the BTC supply.
MicroStrategy holds over $42 billion in assets, while Marathon Digital holds 40,435 BTC. RIOT has $1 billion in assets.
<ul style="text-align: justify">
 <li>Tesla: 9,720 BTC</li>
 <li>CleanSpark: 9,297 BTC</li>
 <li>Hut8: 9,109 BTC</li>
 <li><a href="https://en.coin-turk.com/hashkey-launches-new-global-trading-platform-targeting-international-users/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Coinbase</a>: 9,000 BTC</li>
 <li>Block: 8,211 BTC</li>
 <li>Galaxy Digital: 8,100 BTC</li>
 <li>Bitcoin Group SE: 3,820 BTC</li>
 <li>HIVE Digital: 2,377 BTC</li>
</ul>
The total reserves of private companies like Block, <a href="https://en.coin-turk.com/tether-plans-to-lend-billions-from-its-massive-reserves/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Tether</a>, and XAPO Bank amount to 366,738 BTC, equating to nearly $37 billion.
<ul style="text-align: justify">
 <li>Block One: 140,000 BTC</li>
 <li>Tether Holdings: 82,454 BTC</li>
 <li>XAPO: 38,931 BTC</li>
 <li>BitMEX: 36,794 BTC</li>
</ul>
Additionally, there are eight other companies with Bitcoin reserves. Below, you can see the total reserves of mining companies.
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The post <a href="https://en.coin-turk.com/bitcoin-holders-reveal-significant-reserves-across-various-entities/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Holders Reveal Significant Reserves Across Various Entities</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Bitcoin Holders Reveal Significant Reserves Across Various Entities

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