PANews reported on December 8 that according to News.bitcoin, Timechainindex.com data showed that the top ten entities holding Bitcoin and their holdings are as follows - excluding unused block rewards in the early years (2009 (including Satoshi Nakamoto's holdings), 2010, 2011, 2012 and later).
Coinbase is the largest single holder of Bitcoin, holding 1,123,520.49 BTC, worth more than $112 billion. In second place is Binance, holding 686,997.40 BTC, worth $68.9 billion. BlackRock ranks third with 520,861 BTC, worth $52.2 billion. In fourth place is publicly traded company Microstrategy, holding 402,099.99 BTC, worth $40.3 billion. Close behind is centralized cryptocurrency exchange Bitfinex, which ranks fifth with 350,262.05 BTC, worth about $35.04 billion. These five companies control 1,960,220.44 BTC, worth $196.59 billion, and together account for about 9.9% of the entire circulating Bitcoin supply.
Grayscale is in sixth place, with on-chain holdings of 211,799.39 BTC, worth about $21.19 billion. Fidelity follows in seventh place, managing 201,043.88 BTC, worth about $20.11 billion. In eighth place is the U.S. government, which has accumulated 199,172.73 BTC, worth $19.92 billion, through asset seizures. If the government keeps these bitcoins, it may continue to be one of the top ten Bitcoin holders in the world (excluding unspent Coinbase rewards and Satoshi Nakamoto's holdings). Next is the mysterious figure labeled "Individual X" by timechainindex.com. This mysterious entity holds 180,701.87 bitcoins, which may be worth a little over $18 billion. In tenth place is the centralized cryptocurrency exchange Kraken, with on-chain holdings of 179,409.90 BTC, worth $17.94 billion. The sixth to tenth largest Bitcoin holders hold a total of 972,127.77 BTC, worth $97.4 billion.
The top ten entities control 2,932,348.21 BTC, valued at $294 billion. Together, these ten entities hold approximately 14.82% of the total Bitcoin supply.
