35 Companies With Bitcoin on the Balance Sheet

Here is a list of the top 35 companies that have publicly embraced Bitcoin self-custody. We included their holdings where that information was available:

1. MicroStrategy

Holdings: Over 130,000 BTC

Details: Known for holding a significant amount of Bitcoin on its balance sheet as a reserve asset.

2.Tesla

Holdings: Approximately 9,720 BTC

Details: Initially bought $1.5 billion in Bitcoin and has since adjusted its holdings while maintaining a notable balance.

3. Block, Inc. (formerly Square)

Holdings: Around 8,027 BTC

Details: Embraced Bitcoin as part of its corporate treasury strategy.

4. Galaxy Digital

Holdings: Substantial, but varies

Details: Manages its own Bitcoin holdings alongside other digital assets.

5. Hut 8 Mining Corp

Holdings: Approximately 9,109 BTC

Details: A major Bitcoin mining company that holds self-mined Bitcoin.

6. Riot Platforms, Inc. (formerly Riot Blockchain)

Holdings: Around 9,084 BTC

Details: Another major Bitcoin mining company with significant holdings.

7. Coinbase

Holdings: Significant BTC holdings as part of its corporate treasury and custodial services for clients.

8. Marathon Digital Holdings

Holdings: Approximately 12,232 BTC

Details: A Bitcoin mining company focused on increasing its Bitcoin reserves.

9. Bitfarms

Holdings: Approximately 5,243 BTC

Details: A publicly traded Bitcoin mining company that holds Bitcoin as a strategic reserve.

10. Argo Blockchain

Holdings: Approximately 2,700 BTC

Details: A blockchain technology company that mines cryptocurrency and holds Bitcoin as part of its assets.

11. Voyager Digital

Holdings: Around 12,260 BTC

Details: A cryptocurrency broker that holds a significant amount of Bitcoin.

12. Grayscale Investments

Holdings: Manages the Grayscale Bitcoin Trust (GBTC) which holds 654,600 BTC.

13. NYDIG (New York Digital Investment Group)

Holdings: Substantial, but exact numbers vary

Details: Provides Bitcoin investment and technology solutions.

14. Fidelity Digital Assets

Holdings: Substantial as part of its custodial services for institutional clients.

15. Kraken

Holdings: Significant BTC holdings as part of its custodial services for clients.

16. Anchorage Digital

Holdings: Substantial BTC holdings as part of its institutional custody services.

17. Gemini

Holdings: Significant BTC holdings as part of its custodial services for clients.

18. BitGo

Holdings: Manages over 700,000 BTC across various custodial solutions.

19. Fireblocks

Holdings: Substantial BTC holdings as part of its custodial services for institutional clients.

20. Ledger

Holdings: Substantial BTC holdings secured through its hardware wallet solutions.

21. Bakkt

Holdings: Significant BTC holdings as part of its digital asset custody and trading platform.

22. Nexo

Holdings: Significant BTC holdings as part of its cryptocurrency lending and custodial services.

23. Blockstream

Holdings: Substantial BTC holdings as part of its self-custody solutions and mining operations.

24. CoinShares

Holdings: Manages significant BTC holdings through its investment products.

25. eToro

Holdings: Significant BTC holdings as part of its investment platform.

26. Robinhood

Holdings: Significant BTC holdings as part of its trading platform.

27. Revolut

Holdings: Significant BTC holdings as part of its financial services platform.

28. PayPal

Holdings: Substantial BTC holdings as part of its cryptocurrency services.

29. Mercado Bitcoin

Holdings: Significant BTC holdings as part of its cryptocurrency exchange services.

30. Bitstamp

Holdings: Significant BTC holdings as part of its exchange platform.

31. Binance

Holdings: Substantial BTC holdings as part of its exchange and custodial services.

32. Crypto.com

Holdings: Significant BTC holdings as part of its exchange and custodial services.

33. Genesis Global Trading

Holdings: Substantial BTC holdings as part of its institutional trading and custody services.

34. Paxos

Holdings: Significant BTC holdings as part of its digital asset services.

35. DigitalX

Holdings: Substantial BTC holdings as part of its blockchain technology and digital asset management services.

These companies span various industries including technology, finance, and cryptocurrency mining, reflecting a broad adoption of Bitcoin self-custody. They utilize a combination of hot and cold storage solutions, multi-signature setups, and hardware wallets to ensure the security and control of their Bitcoin holdings.