October 5th 2026, 6:45 PM
Bitcoin’s Largest Holders Consolidate Power
Key Summary
Bitcoin behemoths Strategy and IBIT have amassed 1.65 million BTC worth approximately $140.82 billion, accounting for nearly 8% of the network's maximum supply of 21 million. Strategy, a corporate treasury, holds 848,000 BTC worth around $72.23 billion at $85,179 per coin. IBIT, an ETF trust, holds 805,222.42 BTC, but in-kind outflows do not necessarily mean bitcoin sales. Strategy and IBIT control 1.65 million BTC, or 7.87% of Bitcoin's 21 million supply cap.
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Key Findings
Strategy and Blackrock’s IBIT now control a combined 1.653 million bitcoin worth roughly $140.82 billion, nearly 8% of the network’s absolute 21 million supply ceiling.Regulatory Implications
This concentration of wealth raises questions about market stability and the distribution of wealth among bitcoin holders.Market Trends
Strategy operates a corporate treasury, while IBIT’s bitcoin backs shares in an exchange-traded fund (ETF) trust.Industry Insights
This development highlights the growing importance of institutional investors in the bitcoin market.#Bitcoin#US#Crypto#Blackrock