As of July 2025, exchanges dominate Bitcoin ownership with Binance leading at approximately 248,600 BTC, closely followed by Robinhood with about 140,600 BTC. The corporate landscape sees Strategy (formerly MicroStrategy) as the largest public holder with 597,325 BTC, making up 92.5% of its balance sheet. A notable shift shows the growth of mid-tier wallets, reflecting increased Bitcoin adoption. Institutions have also become significant players, with Bitcoin ETFs managing substantial reserves, including Grayscale and the emerging institutional trust that collectively hold over 566,000 BTC. The U.S. government possesses the largest sovereign stash of Bitcoin, totaling 207,189 BTC, acquired through criminal seizures. Other countries like China and the U.K. hold notable amounts as well. On the individual front, Bitcoin's creator remains elusive, holding between 968,000 and 1.1 million BTC, while the Winklevoss twins are also prominent with around 70,000 BTC. Overall, Bitcoin's ownership landscape is evolving with a notable increase in lower-tier holders as institutional and sovereign interest in Bitcoin continues to rise.

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