3 hours ago
Key takeaways
Exchanges apical the list, with Binance and Robinhood holding the largest BTC wallets.
Strategy leads firm holdings with astir 600,000 BTC.
The US present holds 207,189 BTC, the largest sovereign stash.
Mid-tier wallets are growing, signaling broader BTC adoption.
Who owns the astir Bitcoin?
As of July 2025, Bitcoin remains connected coagulated footing. Daily inflows into spot ETFs proceed to surge, backed by a noticeable driblet successful exchange-held reserves, suggesting rising capitalist assurance and semipermanent accumulation.
But what truly turned heads this period was a sudden determination of 20,000 BTC, worthy implicit $2.1 billion, from 2 wallets untouched since 2011. These dormant Bitcoin wallets didn’t nonstop their funds to exchanges, but alternatively to new, unidentified addresses.
With dormant coins waking up and ETF-driven request heating up, the cardinal question is erstwhile again beforehand and center: Who owns the astir Bitcoin (BTC) successful 2025? From exchanges and ETFs to corporations and crypto billionaires, the latest Bitcoin affluent database 2025 reveals a shifting but inactive highly concentrated distribution of BTC power.
Did you know? On July 7 alone, US-based Bitcoin ETFs pulled successful $217 cardinal successful nett inflows, a 3rd consecutive time of beardown organization buying.
The speech giants: Top Bitcoin holders successful 2025
At the apical of the richest Bitcoin addresses database are not individuals, but the massive acold wallets tally by crypto exchanges. These custodial reserves are utilized to negociate level liquidity and safeguard lawsuit funds, and they predominate the precocious ranks of immoderate Bitcoin wallet ranking tool.
Leading the battalion is Binance’s superior acold wallet, which presently holds astir 248,600 BTC, astir 1.25% of Bitcoin’s circulating supply, valued astatine implicit $26 billion.
According to Glassnode BTC wallet information and trackers similar BitInfoCharts and CoinCodex, it is the largest BTC wallet. The wallet’s infrequent but important transactions constituent to semipermanent reserve management, not trading.
Next is the Robinhood acold wallet, holding astir 140,600 BTC (~$15 billion). This code sees lone occasional withdrawals, apt reflecting end-user flows alternatively than interior trading.
It’s followed by Bitfinex’s acold wallet, which stores astir 130,010 BTC, though earlier counts placed it person to 156,000 BTC. Minor fluctuations aside, Bitfinex remains 1 of the apical Bitcoin holders successful 2025.
Other monolithic exchange-held wallets include:
Binance acold wallet #2: 115,000 BTC
Bitfinex hack betterment wallet (now government-held): 94,600 BTC
These custodial wallets relationship for respective of the largest BTC wallets successful 2025, anchoring the infrastructure that supports billions successful regular trading volume.
Did you know? Exchange-held acold wallets usage offline hardware devices to motion transactions without ever exposing backstage keys to the internet. This “air-gapped” setup makes them virtually hack-proof, adjacent if online systems are compromised.
Institutional BTC holdings: What you request to know
Strategy (formerly MicroStrategy)
No firm entity is much synonymous with Bitcoin accumulation than MicroStrategy, present rebranded simply arsenic Strategy.
By mid-2025, the steadfast had amassed astir 597,325 BTC, spending implicit $42.4 cardinal with an mean outgo of $70,982 per coin. That makes Strategy the largest nationalist Bitcoin holder successful the satellite by a wide margin. Nearly 92.5% of its equilibrium expanse is present successful BTC, a bold stake that continues to specify firm treasury strategy successful crypto.
Other nationalist Bitcoin holdings successful 2025
Aside from Strategy, arsenic of 2025, astir 130 publically traded companies person integrated Bitcoin into their equilibrium sheets, holding a combined full of astir 693,000 BTC, astir 3.3% of each Bitcoin successful circulation.
Well-known participants include:
Tesla, with an estimated 11,509 BTC, softly maintained nether the now-legendary Elon Musk Bitcoin wallet.
Block (8,584 BTC), GameStop (4,710 BTC), Semler Scientific (4,449 BTC) and XXI by Twenty One Capital (37,230 BTC), each holding BTC arsenic portion of broader plus diversification plays.
Metaplanet, an unexpected contender from extracurricular the tech sector, presently holds 15,555 BTC arsenic of July 9, 2025, with ambitious plans to accumulate 210,000 BTC by 2027.
ETFs and organization trusts
Institutions person gone beyond nonstop purchases. ETFs and trusts present clasp immense Bitcoin reserves connected behalf of millions of investors:
The Grayscale Bitcoin Trust (GBTC) holds astir 292,000 BTC, maintaining its spot among the astir important custodians successful the market.
BlackRock’s iShares Bitcoin Trust (IBIT), launched successful 2024, has rapidly captured marketplace stock and present manages astir 274,000 BTC.
These Bitcoin ETF holdings person introduced a much regulated, acquainted format for accepted investors, and they’ve done truthful astatine scale.
Which countries clasp the astir Bitcoin?
As of mid-2025, an estimated 529,000 BTC, astir 2.5% of the full supply, is sitting successful sovereign vaults, reshaping the geopolitical dynamics of integer currency.
The United States made headlines successful March 2025 erstwhile President Donald Trump signed an enforcement bid establishing a Strategic Bitcoin Reserve. Sourced wholly from transgression seizures, this 207,189 BTC stash, worthy implicit $17 billion, isn’t for sale.
It’s a semipermanent asset, stored indefinitely arsenic a benignant of “digital Fort Knox.” This determination cemented the US arsenic a apical subordinate connected the Bitcoin affluent database successful 2025 by institutionalizing BTC’s relation successful nationalist strategy.
Despite its home prohibition connected crypto trading, China holds an estimated 194,000 BTC, mostly from its 2019 crackdown connected the PlusToken scam. The coins stay dormant but present, impervious that adjacent successful restrictive regimes, dormant Bitcoin wallets tin softly signifier the market.
Other sovereign holders see (as of July 8, 2025):
United Kingdom: 61,245 BTC
Ukraine: 46,351 BTC, overmuch of it donated during conflict
Bhutan: 11,924 BTC, generated via hydro-powered authorities mining
El Salvador: 6,229 BTC, a effect of its ineligible tender strategy launched successful 2021
On a broadside note, sovereign Bitcoin reserves amusement that the integer plus is becoming a strategical one, shaping cardinal slope argumentation and signaling organization legitimacy worldwide.
Did you know? The federation of Georgia holds 1 of the smallest authoritative sovereign Bitcoin funds, astir 66 BTC, worthy astir $8 million astatine today’s prices.
Richest Bitcoin addresses: Who are the apical crypto billionaires?
While corporations and custodians predominate the biggest addresses, idiosyncratic holders inactive bid staggering BTC wealth. Some are nationalist figures. Others stay shadows connected the blockchain.
At the precise apical sits Satoshi Nakamoto, Bitcoin’s elusive creator. His (her, oregon their) BTC wallet, estimated to incorporate betwixt 968,000 and 1.1 cardinal BTC, has been untouched since 2010. This stash, astir 5% of each Bitcoin, looms similar a sleeping giant. If it ever moves, markets would erupt successful speculation.
Next are the Winklevoss twins, estimated to clasp astir 70,000 BTC. As founders of Gemini and vocal crypto advocates, they stay among the astir disposable apical crypto billionaires.
Tim Draper, a task capitalist and aboriginal Bitcoin backer, inactive holds astir 30,000 BTC, purchased astatine a 2014 US Marshals auction. He’s agelong predicted a $250,000 terms tag, and inactive stands by it.
Michael Saylor, through his institution and personally, is simply a dual holder. Beyond Strategy’s monolithic stash, Saylor himself owns 17,732 BTC (as of August 2024), worthy astir $2 cardinal today.
One enigma remains: the 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address, holding 79,957.26 BTC. It’s believed to beryllium tied to aboriginal speech exploits and is presently frozen, yet it ranks among the richest Bitcoin addresses ever recorded.
BTC whale tracker: Onchain wealthiness distribution
Bitcoin's ownership remains heavy concentrated, but the communicative is dilatory changing.
The apical 10 BTC wallets (excluding Nakamoto’s holdings) power astir 1.1 cardinal BTC, astir 5.5% of the full supply. Zooming out, the apical 100 addresses collectively clasp astir 2.9 cardinal BTC, adjacent to 14.7% of each circulating coins. These are mostly speech reserves, organization holdings oregon high-net-worth Bitcoin whales of 2025.
However, the existent displacement is happening conscionable below: Wallets holding betwixt 100 and 1,000 BTC person grown significantly. Over the past year, these mid-tier addresses expanded from 3.9 cardinal BTC to 4.76 cardinal BTC. That’s a large uptick successful crypto wealthiness distribution, signaling that tiny institutions, funds and adjacent affluent individuals are stacking sats much aggressively.
This inclination aligns with broader adoption, clearer regularisation and improved BTC whale tracker visibility. While large players inactive predominate liquidity, Bitcoin’s economical basal is widening, which could stabilize terms behaviour implicit time.
Who holds the keys to Bitcoin? From acold wallet giants to a increasing mediate class
At the apical beryllium the monolithic speech acold wallets — Binance, Robinhood, and Bitfinex — followed by corporations similar Strategy, organization vehicles similar Grayscale, sovereign treasuries and legendary idiosyncratic wallets similar Satoshi Nakamoto’s BTC address.
Still, it’s the ongoing displacement that matters. More mid-tier Bitcoin holders are entering the scene, portion ETF flows and sovereign reserves legitimize Bitcoin’s relation successful mainstream finance.
Yet, questions remain:
Will dormant wallets awaken?
Will companies similar Strategy support buying, oregon pivot arsenic marketplace conditions evolve?
Will the largest BTC wallets of 2025 proceed to turn oregon beryllium redistributed?
The answers to these questions volition lone beryllium revealed successful the adjacent section of crypto.
This nonfiction is for wide accusation purposes and is not intended to beryllium and should not beryllium taken arsenic ineligible oregon concern advice. The views, thoughts, and opinions expressed present are the author’s unsocial and bash not needfully bespeak oregon correspond the views and opinions of Cointelegraph.
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