news.bitcoin.com
Public markets now double as a scoreboard for who’s stockpiling bitcoin and ethereum—and the numbers tell a lively story.
From Boardrooms to the Bitcoin Blockchain
Corporate coin chests start with the obvious heavyweight: Strategy (MSTR) towers over the bitcoin field with 640,808 $BTC, a lead so wide it reads like a different league. Bitcointreasuries.net data shows the chase pack is no slouch.
MARA Holdings (MARA) lists 53,250 $BTC, XXI (CEP or 21 Capital) holds 43,514 $BTC, Metaplanet (MTPLF) shows 30,823 $BTC, and Bitcoin Standard Treasury Company (CEPO) reports 30,021 $BTC—enough to make CFOs everywhere double-check their cold storage.
Just behind them, the publicly-traded bitcoin exchange Bullish (BLSH) carries 24,300 $BTC, the mining entity Riot Platforms (RIOT) fields 19,287 $BTC, Trump Media & Technology Group (DJT) claims 15,000 $BTC, and the trading platform and custodian Coinbase (COIN) keeps 14,548 $BTC, and bitcoin miner Cleanspark (CLSK) lists 13,011 $BTC.
The rest of the bitcoin top 20 shows how broad this treasury thesis has become: Tesla (TSLA) 11,509 $BTC; Hut 8 (HUT) 10,667 $BTC; Block (XYZ) 8,692 $BTC; GD Culture (GDC) 7,500 $BTC; Galaxy Digital (GLXY) 6,894 $BTC; Cango (CANG) 6,394 $BTC; Strive (ASST) 5,958 $BTC; Next Technology Holding (NXTT) 5,833 $BTC; KindlyMD (NAKA) 5,765 $BTC; and Semler Scientific (SMLR) 5,048 $BTC.
Ethereum State of Mind
Ether tells a different tale—more distributed, more sector-hopping, and every bit as ambitious. At the top of the list collected from strategicethreserve.xyz‘s dashboard, Bitmine Immersion Tech (BMNR) holds 3.31 million $ETH (about $12.90 billion).
Sharplink Gaming (SBET) follows with 859,400 $ETH (~$3.35 billion), and The Ether Machine (ETHM) lists 496,710 $ETH (~$1.93 billion). If you thought miners had all the fun, meet the gamers and infra builders.
The middle ranks are tight. Bit Digital (BTBT) shows 150,240 $ETH (~$584.9 million) and Coinbase (COIN) clocks 148,720 $ETH (~$578.9 million). ETHzilla (ETHZ) posts 93,790 $ETH (~$365.1 million) while BTCS (BTCS) holds 70,030 $ETH (~$272.6 million). Market observers are watching ETHZ as the firm recently sold some of its $ETH.
Rounding out the ether 20 treasury list from publicly traded firms: FG Nexus (FGNX) 50,770 $ETH; Gamesquare (GAME) 15,630 $ETH; Yunfeng Financial (0376.HK) 10,000 $ETH; Intchains (ICG) 8,820 $ETH; KR1 (KROEF) 5,530 $ETH; IVD Medical (1931.HK) 5,190 $ETH; Quantum Solutions (2338.T) 4,370 $ETH; Ethero (ALENT) 3,120 $ETH; Exodus (EXOD) 2,550 $ETH; $BTC Digital (BTCT) 2,140 $ETH; Vault Ventures (VULT) 771.3 $ETH; and Centaurus Energy (CTARF) with 137 $ETH.
What jumps out? Exchanges appear on both lists, miners still matter, and media plus fintech names keep things spicy. Treasuries aren’t just hedges—they’re still calling cards in late 2025.
There’s a quiet geography here, too. U.S. tickers dominate, but Japan shows up with Metaplanet near the top of bitcoin and Yunfeng in ether, signaling Asian boardrooms are very much in the game.
If 2024 was about dabbling, 2025 reads like conviction: balance sheets turned billboards, and strategies written directly in sats and gwei.
FAQ
- What sources back these figures? Bitcointreasuries.net for bitcoin and Strategicethreserve.xyz for ethereum. Statistics from this report were recorded on Nov. 1, 2025.
- Why do some firms appear on both lists? Exchanges and miners manage multi-asset operations and treasury strategies.
- Do these numbers change often? Yes—holdings can move with corporate actions and disclosures.
- Which regions lead today? Primarily U.S. issuers with notable entries from Japan and Hong Kong.