Major Bitcoin Acquisitions Happening on All Fronts
- Bitcoin Brunch
- Aug 15, 2024
- 2 min read
Updated: Nov 10, 2024
Not only have public companies been adding to their balance sheets, but banks have been making big moves into the asset. Some big banks have been buying into the Bitcoin ETFs while other banks have been busy buying shares of public companies like MicroStrategy who own a lot of Bitcoin on their balance sheets.
Goldman Sachs recently bought over $400 million in Bitcoin ETFs allocating over $238m to iShares IBIT, over $79m to Fidelity FBTC and more than $35m to Grayscale GBTC, among others. Morgan Stanley with over 1.3 trillion in assets recently bought $187 million in Bitcoin ETF holdings.
Recently, Norwegian Central Bank bought 1,123,930 shares of MicroStrategy and Swiss Central Bank bought 466,000 shares of publicly traded MicroStrategy. It appears banks worldwide are quietly adding Bitcoin to their stashes. Below is a list of the top holders across various groups public, private, banks and governments. Those listed below hold a combined 9% of the total supply of 21 million Bitcoin.
Top Public Company Bitcoin Holders
MSTR : MicroStrategy 226,500 BTC 1.079% of 21m
MARA : Marathon Digital Holdings Inc. 20,818 BTC 0.099% of 21m
TSLA : Tesla, Inc 9,720 BTC 0.046% of 21m
Top Country Government Bitcoin Holders
USA : 207,189 BTC 0.987% of 21m
CHINA : 194,000 BTC 0.924% of 21m
UK : 61,000 BTC 0.29% of 21m
Top Private Company Bitcoin Holders
Mt. Gox 200,000 BTC 0.952% of 21m
Block.one 140,000 BTC 0.667% of 21m
Tether Holdings LTD 75,354 BTC 0.359% of 21m
Top Spot Bitcoin ETFs
IBIT : iShares Bitcoin Trust 348,563 BTC 1.66% of 21m
GBTC : Grayscale Bitcoin Trust 232,333 BTC 1.106% of 21m
FBTC : Fidelity Wise Origin Bitcoin Fund 176,623 BTC 0.841% of 21m
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