On November 6, the Bitcoin market broke above the mid-March peak of $73,000+. On December 5, Bitcoin achieved the milestone of $100K. Since November 5, the day in which Donald Trump was elected to the presidential seat, the BTC market has grown by at least 41.75%.
Notably, during the period, MicroStrategy, the public company with the highest BTC holdings, has surged by nearly 52.86%. Recently, Michael J Saylor, the co-founder of MicroStrategy, highlighting the growth his company has achieved through its innovative Bitcoin acquisition strategy, called on tech giants, especially Microsoft, to follow his footprint in Bitcoin adoption.
Lately, prediction markets predicted that there is a high chance for at least one of the Magnificent 7 companies to embrace Bitcoin in 2025.
A discussion on this topic naturally brings to an interesting question: which are the top public companies holding more than 1000 BTC?
Here is the list of the top ten public companies that hold above 1000 Bitcoin.
Company Name | Number of Bitcoins |
MicroStrategy | 444,262 |
Marathon Digital Holdings | 40,435 |
Riot Platforms | 16,728 |
Hut 8 Corp | 10,096 |
Tesla | 9,720 |
CleanSpark | 9,297 |
Coinbase | 9,000 |
Block | 8,211 |
Galaxy Digital Holdings | 8,100 |
Bitcoin Group SE | 3,830 |
MicroStrategy
MicroStrategy, founded by Michael J Saylor, Sanju Bansal and Thomas Spahr in 1989, remains in the topmost position on the list of the top ten public companies that hold BTC. This business intelligence and cloud-based services, holds nearly 444,262 BTC, valued at approximately $42,706,555,093. This year alone, the company has bought at least 255,112 BTC. Its most recent purchase happened on December 2, when it bought around 15,400 BTC.
The price of the MSTR now stands at $341.05. In the last three months, the market has experienced a rise of not less than 94.58%.
Now, the securities of MicroStrategy are considered as a proxy of Bitcoin.
The prime allegation against the business model of MicroStrategy is that the company is overly reliant on Bitcoin.
Marathon Digital Holdings
Marathon Digital Holdings, the Florida-based crypto mining company established in 2010, is in the second position on the list. The company owns not less than 40,435 BTC, valued at around $3,888,294,700. On December 10, it purchased around 6,560 BTC.
Since November 5, the MARA market has recorded a rise of at least 18.84%. At the start of this month, the price was at $26.84. However, since then, it has declined by 28.09%.
Marathon Digital is one of the largest BTC miners in the world. Lately, it increased its capacity, acquiring at least two BTC mining sites from Generate Capital.
Riot Platforms
Riot Platforms INC, the bitcoin mining company founded in 2000, stays in the third position in the list. The Castle Rock-based company has approximately 16,728 BTC, worth around $1,610,279,267. This month alone, the company has purchased over 6,709 BTC.
The company primarily focuses on three segments: Bitcoin Mining, Data Center Hosting and Engineering.
In the last three months, the RIOT market has witnessed a surge of more than 46.38%. At the start of this month, the price stood at $12.61. Since then, it has slipped by approximately 8.4%.
Hut 8 Corp
Hut 8 Corp, the vertically integrated operator of energy infrastructure and Bitcoin miners based in Miami, is in the fourth position on the list. Founded in 2017, the company focuses on four areas: Digital Assets Mining, Managed Services, High Performance Computing and Cloud Services.
The company owns around 10,096 BTC, valued at $972,811,892. This month, it has bought at least 987 BTC.
In the last three months, the HUT market has experienced a surge of at least 82.22%. On November 5, the price stood at around $16.67. Since then, it has grown by over 43.31%
Tesla
Tesla, the automotive and clean energy company founded in 2003 by Martin Eberhard and Marc Tarpenning, is in the fifth position on the list. A year after its lunch, Elon Musk joined the company. Later, he was awarded the position of CEO.
The Musk-run company now holds 9,720 BTC, valued at $936,085,863.
Tesla is one among the Magnificent Seven stocks. In the last three months, the TSLA market has recorded a rise of 74.06%. Between November 5 and December 17, it climbed steeply from $251.22 to $479.55. This month, it has surged by around 27.24%.
CleanSpark
CleanSpark, the Bitcoin mining company headquartered in Nevada, remains in the sixth position on the list. The company is renowned for its low-carbon policy. It operates numerous data centers.
This American BTC mining company owns at least 9,297 BTC, worth around $889,705,142. Since September, it has purchased over 2,215 BTC.
In late March, the CLSK market touched an yearly peak of $24.07. Between mid-July and early-September, the market plummeted from $19.82 to $8.07. Right now, the price of CleanSpark stands at $10.36.
Coinbase
Coinbase, a very popular name in the crypto industry, is in the seventh position on the list. The company, founded in 2012 by Brain Armstrong and Fred Ehrsam, runs a cryptocurrency exchange. The exchange has a 24-hour trading volume of $3,531,375,079. It is the largest crypto exchange in the United States in terms of trading volume. At present, there are at least 269 coins and 422 trading pairs on the exchange.
The company holds around 9,000 BTC, valued at $867,666,150.
In the last three months, the COIN market has seen a growth of 43.21%. Since the first day of November alone, the market has surged by nearly 52.29%.
Block
Block, Inc., founded by Jack Dorsey in 2009, stays in the eight position on the list. The company, which offers financial services, is the US market leader in point-of-sale systems.
This American conglomerate owns around 8,211 BTC, worth nearly $786,265,735. Since September 2024, the company has purchased around 184 BTC.
In the last three months, the SQ market has displayed a surge of 36.76%. On November 5, the price stood at $71.56. Since then, the market has climbed by over 27.83%.
Galaxy Digital Holdings
Galaxy Digital Holdings Ltd., the digital asset and blockchain company headquartered in New York, is in the ninth position on the list. The company mainly focuses on three areas: Global Markets, Asset Management and Digital Infrastructure Solutions.
The company owns around 8,100 BTC, worth around $775,170,405.
In the last three months, the GLXY market has experienced a rise of approximately 41.61%. Interestingly, since November 5, it has climbed by over 60.18%.
Bitcoin Group SE
Bitcoin Group SE, the investment holding company founded in 2008, is in the tenth position on the list. A subsidiary of Priority AG, it primarily offers financial services, and even runs a trading platform, named Bitcoin.de.
This Germany-based company holds 3,830 BTC, valued at $371,990,243.
This year, the ADE market has seen a surge of 40.48%. However, since November 5, the market has declined by 2.25%.
In conclusion, the year 2025 is going to be an exciting year for the crypto industry, especially for those with a considerable BTC holdings.