Digital Currency / Investing

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Bitcoin (BTC) Tracker Ranks Strategy First Among Public Companies at 850,364

A Nov. 9 snapshot put ETFs and exchanges at 1,615,524 BTC and public companies at 1,250,611 BTC.

Updated 2 min read
Office workers enter a glass tower at Towers Crescent Plaza in Tysons, Virginia. / TokenPost.ai
Office workers enter a glass tower at Towers Crescent Plaza in Tysons, Virginia. / TokenPost.ai

A Nov. 9 SEC filing detailed Strategy Inc.'s $81.9 million Bitcoin (BTC) purchase, while BitcoinTreasuries put its holdings at 850,364 BTC, far ahead of other public companies it tracks.

Strategy said it bought 1,036 BTC between Nov. 2 and Nov. 8 using net proceeds from sales of its MSTR common stock. The filing records the purchase; the tracker provides a separate snapshot of balances held by companies and other entities.

Across five categories, BitcoinTreasuries counted roughly 4.09 million BTC on Nov. 9. ETFs and exchanges accounted for 1,615,524 BTC, compared with 1,250,611 BTC at 197 public companies. Private companies held 201,884 BTC, while decentralized finance and other entries accounted for 375,184 BTC.

Strategy's balance was substantially larger than those of the next companies on the list. Metaplanet Inc. had 44,000 BTC, Twenty One Capital 43,514 BTC and Strive 43,124 BTC. Each was more than 800,000 BTC behind Strategy in the snapshot.

Among listed funds, iShares Bitcoin Trust (IBIT) held 811,115 BTC. Fidelity Wise Origin Bitcoin Fund had 184,058 BTC, and Grayscale Bitcoin Trust had 131,528 BTC. The ETFs and exchanges category can include coins held for investors and users, so its balance does not represent Bitcoin owned outright by those institutions.

The tracker placed 645,623 BTC in its government category. That figure included 46,351 BTC attributed to Ukrainian public officials. The United States accounted for 328,372 BTC, China for 190,000 BTC and the United Kingdom for 61,245 BTC.

An EconoTimes review of the Oct. 26 snapshot put the five-category total at about 4.22 million BTC and Strategy's balance at 848,517 BTC. The two snapshots show changes in recorded balances, but do not establish whether the tracked holders bought or sold coins between those dates.

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