Bitcoin treasuries have amassed a staggering $130 billion in total value, significantly outpacing the combined worth of other cryptocurrency treasuries. Ethereum follows with holdings valued at $26.5 billion, while Solana’s treasury stands at $4.2 billion.
The latest data on Bitcoin Treasuries indicates that the number of entities holding BTC has increased by 24 to reach 346 over the past month. During this period, the BTC held in these treasuries rose by 5.35%, totaling 3.9 million coins. Public companies are responsible for over 1.1 million BTC, private firms hold around 279,172 BTC, and government bodies possess approximately 515,883 BTC.
Previously reported by Cryptopolitan was a dramatic decline of nearly 76% in Bitcoin treasuries as Wall Street retreated from investments in this sector. According to CryptoQuant’s findings at that time, purchases dropped from July’s figure of 64,000 BTC to just 12,600 BTC in August before slightly recovering to reach about 15,500 BTC by September.
BitBo Analyzes Categories within Bitcoin Treasury Holdings
The analytics platform BitBo confirmed on October 10 that ETFs collectively hold more than 1.55 million BTC (7.396% of total supply), valued at approximately $189.02 billion.
Nations led primarily by the U.S. jointly control some 517, ,,, 296 BTC, which accounts for roughly 2•463% (worth about $62&bull96B).
Together, bpublic and private companies maintain holdings amounting up-to- .”> ,404,;116-BTC-worth-$170-&-88-billion-representing-approximately-six-point-six-eight-six-percent-of-the-total-BTC-supply.-Bitcoin-miners-hold-about-one-hundred-eighteen-thousand-one-hundred-sixty-four-coins-valued-at-$14-and-a-half-billion.-DeFi-firms-own-two-hundred-sixty-seven-thousand-two-hundred-thirty-six-coins-worth-around-$32-and-a-half-billion-in-total-value..