Bitcoin, with its capped supply of 21 million, exhibits a fascinating ownership landscape. As of November 6, 2025, approximately 19.8 million BTC are in circulation, distributed across diverse entities.
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Individual vs. Institutional Ownership
A significant portion of Bitcoin is held by individual investors, with 74% owning less than 0.01 BTC. However, institutional players wield considerable influence. Major exchanges, miners, governments, and public companies hold substantial amounts.
Key Players
- MicroStrategy: The largest public company holder, owning around 439,002 BTC.
- US Government: Holds approximately 207,189 BTC.
- Marathon Digital Holdings: A bitcoin mining operation, with approximately 48,000 BTC.
- Block Inc.: A digital payment services firm, owns 8,485 bitcoin.
- Galaxy Digital Holdings: An institution-focused blockchain company, owns over 8,100 BTC.
Geographic Distribution
Bitcoin’s popularity varies geographically. Singapore, for example, has a high adoption rate, with Bitcoin, Ethereum, and Solana being popular choices.
Bitcoin, with its capped supply of 21 million, exhibits a fascinating ownership landscape. As of November 6, 2025, approximately 19.8 million BTC are in circulation, distributed across diverse entities.
A significant portion of Bitcoin is held by individual investors, with 74% owning less than 0.01 BTC. However, institutional players wield considerable influence. Major exchanges, miners, governments, and public companies hold substantial amounts.
- MicroStrategy: The largest public company holder, owning around 439,002 BTC.
- US Government: Holds approximately 207,189 BTC.
- Marathon Digital Holdings: A bitcoin mining operation, with approximately 48,000 BTC.
- Block Inc.: A digital payment services firm, owns 8,485 bitcoin.
- Galaxy Digital Holdings: An institution-focused blockchain company, owns over 8,100 BTC.
Bitcoin’s popularity varies geographically. Singapore, for example, has a high adoption rate, with Bitcoin, Ethereum, and Solana being popular choices.