Main to remember
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Exchanges at the top of the list, Binance and Robinhood holding the largest BTC wallets.
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The strategy leads to business assets with nearly 600,000 BTC.
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The United States now has 207,189 BTC, the largest sovereign reserve.
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Intermediate level portfolios increase, signaling a wider adoption of the BTC.
Who owns the most bitcoin?
In July 2025, Bitcoin remains on a solid basis. Daily entries in punctual ETFs continue to go up, supported by a significant drop in stock market reserves, suggesting an increase in investors’ confidence and long -term accumulation.
But what really turned the heads this month is a sudden movement of 20,000 BTC, worth more than 2.1 billion dollars, two intact wallets since 2011. These Dormant Bitcoin portfolios have not sent their funds to exchanges, but rather to new unidentified addresses.
With sleeping coins awakening and the request for the FNB request, the key question is again in front and in the center: who has the most Bitcoin (BTC) in 2025? From exchanges and FNB to companies and crypto billionaires, the last list rich in Bitcoin 2025 reveals a changing but always very concentrated distribution of BTC power.
Did you know? Just on July 7, the FNB Bitcoin based in the United States pulled $ 217 million in net entries, a third consecutive day of solid institutional purchase.
The Exchange Giants: Top Bitcoin Tenders in 2025
At the top of the list of richest bitcoin addresses are not individuals, but massive cold wallets managed by crypto exchanges. These childcare reserves are used to manage the liquidity of the platform and protect customer funds, and they dominate the upper ranks of any Bitcoin portfolio classification tool.
The Pack management is Binance’s main cold portfolio, which currently holds around 248,600 BTC, or around 1.25% of Bitcoin circulation feeding, worth more than $ 26 billion.
According to data and trackers of the BTC portfolio of Glassnode such as Bitinfocharts and Coincocex, it is the largest BTC portfolio. The infrequent but important transactions of the portfolio indicate the long -term management of reserves, not negotiation.
Then, the Cold Robinhood portfolio, holding around 140,600 BTC (~ 15 billion dollars). This address sees only occasional withdrawals, probably reflecting the flows of the end user rather than internal trading.
It is followed by the cold Bitfinex wallet, which stores around 130,010 BTC, although previous counts have placed it closer to 156,000 BTC. Aside from minor fluctuations, Bitfinex remains one of the best Bitcoin holders in 2025.
Other massive portfolios on the exchange plan include:
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Binance Cold Wallet # 2: 115,000 BTC
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Bitfinex Hack Recovery Recovery Wallet (now held from the government): 94 600 BTC
These guard portfolios represent several of the largest BTC portfolios in 2025, anchoring the infrastructure which supports billions of daily negotiation volumes.
Did you know? Cold portfolios held by exchange use offline material devices to sign transactions without ever exposing private internet keys. This “air puncture” configuration makes them practically pirate test, even if online systems are compromised.
Institutional BTC Holdings: what you need to know
Strategy (formerly Microstrategy)
No business entity is no longer synonymous with Bitcoin accumulation that Microstrategy, now renamed simply as a strategy.
In mid-2025, the company had raised approximately 597,325 BTC, spending more than $ 42.4 billion with an average cost of $ 70,982 per room. This makes the greatest public Bitcoin holder strategy in the world by a wide margin. Almost 92.5% of its assessment is now in BTC, a daring bet that continues to define the business cash strategy in crypto.
Other Public Bitcoin holdings in 2025
In addition to the strategy, in 2025, around 130 listed companies joined Bitcoin in their balance sheets, holding a combined total of around 693,000 BTC, or 3.3% of all Bitcoin in circulation.
Well -known participants include:
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Tesla, with around 11,509 BTC, quietly maintained under the now legendary Bitcoin Elon Musk wallet.
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Block (8,584 BTC), GameStop (4,710 BTC), Semler Scientific (4,449 BTC) and XXI by twenty one capital (37,230 BTC), each holding BTC as part of the diversification of wider assets.
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Metaplanet, an unexpected competitor from outside the technological sector, currently has 15,555 BTC on July 9, 2025, with ambitious plans to accumulate 210,000 BTC by 2027.
ETF and institutional trust
Institutions have gone beyond direct purchases. The FNB and the trustees now have large Bitcoin reserves on behalf of millions of investors:
These Bitcoin ETF holdings introduced a more regulated and more familiar format for traditional investors, and they did it on a large scale.
What countries most have Bitcoin?
In mid-2025, around 529,000 BTC, or approximately 2.5% of the total supply, is in sovereign chests, reshaping the geopolitical dynamics of digital currency.
The United States made the headlines in March 2025 when President Donald Trump signed a decree establishing a Bitcoin strategic reserve. Coming entirely from criminal crises, this hiding place of 207,189 BTC, worth more than $ 17 billion, is not for sale.
It is a long -term asset, stored indefinitely as a kind of “strong digital knox”. This movement cemented the United States as the first player in the list of rich in Bitcoin in 2025 by instituting the role of BTC in the national strategy.
Despite its inner ban on cryptographic trading, China holds around 194,000 BTC, mainly from its 2019 repression against the crumpled scam. The parts remain dormant but present, proof that even in restrictive regimes, drumped bitcoin wallets can calmly shape the market.
Other sovereign holders include (since July 8, 2025):
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United Kingdom: 61 245 BTC
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Ukraine: 46 351 BTC, a large part given during the conflict
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Bhutan: 11 924 BTC, generated via hydroelectric state exploitation
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El Salvador: 6,229 BTC, following its legal tender strategy launched in 2021
By the way, Bitcoin’s sovereign reserves show that digital assets become strategic, shaping the Central Bank policy and the institutional legitimacy of signaling in the world.
Did you know? The Nation of Georgia holds one of the smallest sovereign Bitcoin, around 66 BTC, worth around 8 million dollars today.
The richest bitcoin addresses: who are the best cryptographic billionaires?
While societies and guards dominate the greatest addresses, individual holders always order the amazing wealth of the BTC. Some are public figures. Others remain shadows on the blockchain.
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At the very top is Satoshi Nakamoto, the elusive creator of Bitcoin. Son (or their) BTC portfolio, estimated between 968,000 and 1.1 million BTC, has not been affected since 2010. This hiding place, almost 5% of all Bitcoin, is looming as a sleeping giant. If he never moves, the markets would break out in speculation.
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Next come the Winklevoss twins, estimated at around 70,000 BTC. As founders of Gemini and Vocal Crypto Advocates, they remain among the best billionaires of the most visible crypto.
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Tim Draper, a venture capital and a first Bitcoin lessor, still holds around 30,000 BTC, bought during an American Marshals in 2014 auction. He has long presented a price of $ 250,000 and still holds it.
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Michael Saylor, through his business and personally, is a double holder. Beyond the massive hiding place of Strategy, Saylor itself holds 17,732 BTC (in August 2024), worth almost 2 billion dollars today.
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A mystery remains: the address 1FeExv6bahb8ybzjqmjjjjccrHgw9sb6uf, holding 79 957,26 BTC. It is believed that it is linked to the first exchange exploits and is currently frozen, but it ranks among the richest Bitcoin addresses ever recorded.
BTC Whale Tracker: Onchain Wealth Distribution
Bitcoin’s property remains highly concentrated, but history changes slowly.
The 10 best BTC portfolios (excluding Nakamoto’s assets) control approximately 1.1 million BTCs, or around 5.5% of the total offer. Zoom out, the 100 best addresses collectively contain around 2.9 million BTC, almost 14.7% of all coins in circulation. These are largely exchange reserves, institutional assets or high -high bitcoin whales from 2025.
However, the real change occurs just below: portfolios holding between 100 and 1,000 BTC have increased significantly. In the past year, these intermediate addresses have increased from 3.9 million BTC to 4.76 million BTC. It is a major increase in the distribution of cryptographic wealth, indicating that small institutions, funds and even rich individuals stack more aggressively.
This trend is aligned with broader adoption, clearer regulations and improving the visibility of the BTC whale tracker. While the major players still dominate liquidity, the economic base of Bitcoin is widening, which could stabilize the behavior of prices over time.
Who holds the keys to Bitcoin? From cold wallet giants to an increasing middle class
At the top, cold massive exchange portfolios – Binance, Robinhood and Bitfinex – followed by companies such as strategy, institutional vehicles such as gray levels, sovereign treasury bills and legendary personal wallets such as the BTC address of Satoshi Nakamoto.
However, it is the current change that counts. Other mid -level Bitcoin holders are on stage, while ETF flows and sovereign reserves legitimize the role of Bitcoin in consumer finance.
However, questions remain:
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Will dormant wallets wake up?
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Will companies and strategy continue to buy or rotate as market conditions are evolving?
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Will the largest BTC portfolios of 2025 continue to grow or be redistributed?
The answers to these questions will only be revealed in the next chapter of the crypto.
This article is for general information purposes and is not intended to be and must not be considered as legal or investment advice. The points of view, the thoughts and opinions expressed here are the only of the author and do not reflect or do not necessarily represent the opinions and opinions of Cointellegraph.
