Coinbase vs. BlackRock vs. Strategy: Who Really Holds the Most Bitcoin (BTC)?

Bitcoin’s pseudonymous creator, Satoshi Nakamoto, remains the largest single holder of the cryptocurrency, controlling approximately 1.1 million BTC. This adds up to roughly 5.5% of the total supply. At current market prices, this stake is worth around $75 billion, dwarfing the holdings of even the largest corporate and institutional players.

Despite years of speculation about potential movement from these early-mined addresses, Nakamoto’s BTC have largely remained untouched since the asset’s inception.