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International Business Times
International Business Times
Business
Marvie Basilan

Top 5 Corporate Bitcoin Holders Revealed – MicroStrategy Surpasses $GBTC To Claim 2nd Place

Bitcoin ETFs lead the corporate world in $BTC holdings, with BlackRock's IBIT still on top. (Credit: Marco Verch/flickr)

KEY POINTS

  • BlackRock's IBIT remains king in the corporate Bitcoin holder realm, with over 357,000 BTC
  • MicroStrategy now holds 226,500 Bitcoins versus GBTC's 225,671 BTC
  • MicroStrategy was among four companies that "hodled" during the August crypto market crash

Bitcoin's journey to the top of the digital assets space has not been easy, but in recent years, it has become huge enough to get the attention of large corporations – big enough to enter the exchange-traded fund (ETF) realm, and big enough to be snapped up by institutional investors.

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