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Who holds bitcoin

CryptoKeyhole counts 18.9% of all 21 million bitcoin with the exchanges, ETFs, companies and governments it can name, 17.1% unmoved for 10 years or more and 59.7% with everyone else, at .

CryptoKeyhole splits all 21 million bitcoin by who holds them, from its own node, fund files, company filings and official documents.

Held by holders we can name

3.97M BTC

18.9% of all 21 million

Unmoved for 10+ years

3.60M BTC

17.1%

Everyone else

12.54M BTC

59.7%

Not mined yet

890K BTC

4.2%

Our node at block 975,111; ETF files to 5 Nov 2026; counted 8 Nov 2026, 23:24 UTC.

From our own Bitcoin node, ETF issuers' files, company filings and official documents, counted every hour. Last update 8 November 2026, 23:24 UTC

All 21 million bitcoin, 10,000 to a square

One square is 10,000 bitcoinOutlined squares have not been mined yetCounted on 8 Nov 2026

  • ExchangesThe wallets of the 7 exchanges that publish their addresses, with our clustering, on our node1,137,9085.4%
  • US spot ETFs7 funds from their issuers' daily files to 5 Nov 2026 (BTCO to 29 Oct 2026); 5 from their latest SEC reports (BRRR 30 Jun 2026, BTC 30 Sep 2026, BTCW 30 Jun 2026, GBTC 30 Sep 2026, MSBT 30 Jun 2026)1,269,8076.0%
  • Companies66 companies' latest filings with the US SEC or, for Metaplanet, the Tokyo Stock Exchange, the newest filed 6 Nov 20261,196,1115.7%
  • GovernmentsUnited States (14 Oct 2025), United Kingdom (29 Sep 2025), El Salvador (our node)196,1010.93%
  • Wrapped bitcoin custodyWBTC's published custody addresses and the kBTC custody wallets, on our node125,6160.60%
  • Mining poolsPayout wallets of the 15 pools that found the most blocks in three years, on our node46,3300.22%
  • Unmoved for 10 years or moreCoins at least 3,650 days old by block time, at any other wallet, from our node3,595,62217.1%
  • Everyone elseIndividuals, funds, custodians, OTC desks, and exchanges and companies that publish nothing12,541,99959.7%
  • UnspendableThe genesis reward, two overwritten coinbases and provably unspendable outputs2010.0010%
  • Not mined yet21,000,000 less the bitcoin issued so far, from our node890,3044.2%
  • All bitcoin21,000,000100%

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The largest holders we can name

#HolderTypeBitcoinAs ofSource
1Strategy MSTRCompany849,3271 Nov 20268-K filed 2 Nov 2026
2iShares Bitcoin Trust ETF IBITUS spot ETF801,2415 Nov 2026Issuer's daily file
3BinanceExchange697,5568 Nov 2026Our node
4Fidelity Wise Origin Bitcoin Fund FBTCUS spot ETF174,1575 Nov 2026Issuer's daily file
5OKXExchange166,8888 Nov 2026Our node
6BitfinexExchange159,3998 Nov 2026Our node
7United StatesGovernment127,27114 Oct 2025Official document
8Grayscale Bitcoin Trust ETF GBTCUS spot ETF126,98830 Sep 2026Report to the SEC
9Wrapped Bitcoin (WBTC)Wrapped bitcoin custody116,1458 Nov 2026Our node
10BybitExchange69,2998 Nov 2026Our node
11Grayscale Bitcoin Mini Trust ETF BTCUS spot ETF63,08730 Sep 2026Report to the SEC
12United KingdomGovernment61,00029 Sep 2025Official document
13Metaplanet 3350.TCompany44,00030 Sep 2026TSE disclosure filed 5 Oct 2026
14Twenty One Capital XXICompany43,51430 Jun 202610-Q filed 11 Aug 2026
15Strive ASSTCompany43,12430 Oct 202610-Q filed 6 Nov 2026
16Bitwise Bitcoin ETF BITBUS spot ETF37,3385 Nov 2026Issuer's daily file
17MARA Holdings MARACompany35,57730 Jun 202610-Q filed 6 Aug 2026
18ARK 21Shares Bitcoin ETF ARKBUS spot ETF29,0935 Nov 2026Issuer's daily file
19Galaxy Digital GLXYCompany21,08430 Jun 202610-Q filed 10 Aug 2026
20Crypto.comExchange20,9448 Nov 2026Our node

Each holder's own figure: companies from their SEC filings (Metaplanet from its Tokyo Stock Exchange disclosures), funds from their issuers' files or SEC reports, exchanges and El Salvador from their wallets on our node, the US and UK from official documents. Mining pools are counted only together (above).

The free float

  • 13,851,853 BTC is the free float on 8 Nov 2026: the 20,109,495 BTC our node counts as spendable, less the 3,595,622 unmoved for 10 years or more, the 1,269,807 in US spot ETFs, the 1,196,111 in company treasuries and the 196,101 governments hold.
  • That is 66.0% of the 21 million. Exchanges' coins count in the float: they belong to their customers and trade every day.

How each coin is counted once

  • A coin is counted once, in the first band that holds it: exchanges, wrapped-bitcoin custody, mining pools and El Salvador at their wallets on our node; then what ETFs, companies and governments state they hold; then coins unmoved for 10 years or more at any other wallet; then everyone else.
  • Coins at least 10 years old that sit at the attributed wallets stay with their holder: 513.03 BTC on 8 Nov 2026, plus at most 0.10 BTC at wallets that have spent coins since, which we also count with their holder. So no coin is in two bands.
  • ETFs, companies and governments state their holdings without addresses, so we cannot see their coins' age. The funds launched in 2024, the companies' figures come from purchases since 2020, and the governments' coins moved when they were seized, so none of them should be among the coins unmoved for 10 years.
  • Not mined yet is 21,000,000 less the bitcoin issued so far. It includes the block rewards some miners never claimed (28.96 BTC by block 975,026), which can never be issued, and the 0.0231 BTC by which the issuance schedule falls short of 21 million.

What the split leaves out

  • Exchanges that publish no addresses (Coinbase and Kraken among them) are in "everyone else", so the exchange band is smaller than all exchanges together.
  • cbBTC's custody is not counted separately: we have no source of its custody addresses that we can read, so those coins are in "everyone else".
  • Funds outside the US, private companies and companies that do not file with the US SEC (Metaplanet aside) are in "everyone else"; so are the US government's coins from seizures with no official current figure.
  • Unmoved for 10 years or more is coin age, not proof that coins are lost or a claim about whose they are. It includes the coins mined in bitcoin's first years.
  • Figures carry their own dates: an ETF file is a day old, a company filing can be months old, and official government figures change only when a new document is published.

Every day since March 2024

The daily history of every band since 31 March 2024, the free float line, CSV and the API are in Plus. Open the holder breakdown chart.

Sources and licence

Computed every hour from our own Bitcoin node and the sources named in the key. Each holder's figure is the one its source gives: wallets on our node, issuers' daily holdings files, filings with the US SEC and the Tokyo Stock Exchange, official government documents. Nothing is estimated to fill a gap: a holder without a source is in "everyone else".

Quoting these figures? Credit CryptoKeyhole with a link to this page.

Questions

Who owns the most bitcoin?

By CryptoKeyhole's count, the largest single holder we can name is Strategy (company) with 849,327 BTC, as of 1 Nov 2026, followed by iShares Bitcoin Trust ETF (801,241 BTC) and Binance (697,556 BTC). Together, the holders we can name hold 3,971,873 BTC, 18.9% of all 21 million.

How much bitcoin is lost?

No one can tell which coins are lost. CryptoKeyhole counts 3,595,622 BTC that has not moved for 10 years or more, outside the wallets of exchanges, custodians and pools, 17.1% of all 21 million. Many of these coins are probably lost; some are simply held.

How much bitcoin do ETFs and companies hold?

CryptoKeyhole counts 1,269,807 BTC in the US spot ETFs and 1,196,111 BTC in companies' latest filings on 8 Nov 2026: 11.7% of all 21 million together.

How much bitcoin is left to mine?

890,304 BTC, by CryptoKeyhole's count from its own node on 8 Nov 2026: 21,000,000 less the 20,109,696 BTC issued so far. New coins arrive at 3.125 BTC a block, about 450 a day.

How much bitcoin do governments hold?

CryptoKeyhole counts 196,101 BTC held by governments by their own official sources: United States 127,271, United Kingdom 61,000, El Salvador 7,830. Governments that publish no figure are not included. Government bitcoin holdings.

Can I use this data?

Quote the figures with credit to CryptoKeyhole and a link to this page. The daily history behind them, CSV and the API come with Plus.

Open the holder breakdown chartAll free tools

Figures are compiled by CryptoKeyhole from its own Bitcoin node, ETF issuers' files, company filings and official government documents, each with its own date.