Bitcoin continues to strengthen in financial markets, and its distribution among holders is changing. Let’s explore who holds the most Bitcoin in 2025.
Top Bitcoin Holders: Exchanges
At the top of the richest Bitcoin wallets list are not individuals, but crypto exchanges. The largest holder is Binance's wallet, which contains around 248,600 BTC, amounting to about 1.25% of Bitcoin’s total supply. Robinhood takes second place with 140,600 BTC, followed by Bitfinex with 130,010 BTC.
Corporate and Institutional Assets
Strategy, formerly MicroStrategy, has become the largest corporate holder with approximately 597,325 BTC. In addition to Strategy, around 130 publicly traded companies together own roughly 693,000 BTC. These assets are supplemented by Bitcoin ETFs and investment trusts, including Grayscale and BlackRock.
Sovereign Reserves and Individuals
The most notable sovereign holder in 2025 is the United States, which possesses 207,189 BTC seized from criminal activities. China also holds 194,000 BTC, while other countries like Ukraine and the UK also maintain their own Bitcoin reserves.
Bitcoin ownership remains concentrated among major players, yet there is a rise in mid-tier and smaller holders. With stable demand and changing economic models, Bitcoin’s role in global finance is likely to expand.
