Complete List of Public Companies Holding Bitcoin (2026)

Why Public Companies Are Buying Bitcoin

The corporate Bitcoin treasury trend that MicroStrategy ignited in 2020 has become a full-blown movement. Dozens of publicly traded companies now hold Bitcoin on their balance sheets — not as a speculative bet, but as a deliberate treasury strategy.

The thesis is straightforward: holding cash means losing purchasing power to inflation. Bitcoin, with its fixed 21 million supply cap, offers an alternative store of value that appreciates over time as fiat currencies debase.

What started with one company has turned into a wave spanning mining operations, fintech firms, gaming companies, and traditional businesses that simply decided to put Bitcoin on the books.

The Complete List

Here is every publicly traded company known to hold Bitcoin as a treasury reserve asset, ordered by estimated holdings.

Mega Holders (10,000+ BTC)

MicroStrategy (MSTR) The undisputed king of corporate Bitcoin. Under Michael Saylor's leadership, MicroStrategy has accumulated more Bitcoin than any other public company — over 500,000 BTC as of early 2026. They pioneered the convertible note strategy to fund Bitcoin purchases and have inspired dozens of imitators. The stock has become a de facto leveraged Bitcoin proxy.

Marathon Digital Holdings (MARA) One of the largest Bitcoin miners in North America. Marathon both mines and holds Bitcoin, building a significant treasury position. As a miner, they have the advantage of acquiring Bitcoin at production cost rather than market price.

Riot Platforms (RIOT) Another major Bitcoin miner that holds a substantial portion of mined BTC on its balance sheet. Riot operates one of the largest mining facilities in North America and has consistently grown its Bitcoin treasury.

Hut 8 Mining (HUT) A Canadian-listed Bitcoin miner known for its HODL strategy. Hut 8 has been one of the most aggressive miners in terms of retaining mined Bitcoin rather than selling to cover operating costs.

CleanSpark (CLSK) A Bitcoin mining company focused on sustainable energy sources. CleanSpark has rapidly grown both its hashrate and Bitcoin treasury through acquisitions and organic growth.

Tesla (TSLA) Tesla made waves in February 2021 by purchasing $1.5 billion in Bitcoin. While they sold a portion in 2022, Tesla still holds a significant Bitcoin position on their balance sheet, making it one of the largest non-crypto corporate holders.

Mid-Tier Holders (1,000–10,000 BTC)

Cipher Mining (CIFR) An infrastructure-focused Bitcoin miner that retains mined BTC. Cipher has been building mining capacity across multiple sites in the United States.

Core Scientific (CORZ) After emerging from bankruptcy in 2024, Core Scientific resumed building its Bitcoin treasury. They operate some of the largest data center facilities dedicated to Bitcoin mining in North America.

TeraWulf (WULF) A nuclear and hydroelectric-powered Bitcoin miner that has been steadily accumulating BTC. TeraWulf stands out for its focus on zero-carbon energy sources for mining.

Bitdeer Technologies (BTDR) Founded by Jihan Wu (co-founder of Bitmain), Bitdeer operates cloud mining services and self-mining operations, holding a growing Bitcoin treasury.

Bitfarms (BITF) A vertically integrated Bitcoin miner with operations across multiple countries. Bitfarms has historically held a significant portion of its mined Bitcoin.

Galaxy Digital (GLXY) Mike Novogratz's digital asset financial services firm holds Bitcoin as part of its diversified crypto portfolio. Galaxy operates trading, investment management, and mining divisions.

IREN (formerly Iris Energy) (IREN) An Australian-listed Bitcoin miner that has been building its treasury position while also diversifying into high-performance computing and AI workloads.

Metaplanet (3350.T) Dubbed "Asia's MicroStrategy," this Japanese hotel company pivoted to a Bitcoin treasury strategy in 2024. Metaplanet has been aggressively buying Bitcoin through debt issuances, mirroring the MicroStrategy playbook.

Smaller Holders & Notable Mentions

Block (formerly Square) (XYZ) Jack Dorsey's fintech company holds Bitcoin on its balance sheet and offers Bitcoin trading through Cash App. Block has consistently supported Bitcoin development through open-source initiatives.

Coinbase Global (COIN) The largest US-based crypto exchange holds Bitcoin as part of its corporate treasury. As a publicly traded company, Coinbase is both a Bitcoin holder and a major on-ramp for new buyers.

Semler Scientific (SMLR) A medical device company that adopted a Bitcoin treasury strategy in 2024, joining the growing list of non-crypto businesses adding BTC to their balance sheets.

Fold (FLD) The Bitcoin rewards app company holds Bitcoin on its balance sheet and allows customers to earn BTC on everyday purchases.

Boyaa Interactive (0434.HK) A Hong Kong-listed gaming company that converted a significant portion of its Ethereum holdings to Bitcoin in 2024, joining the corporate treasury trend.

Nexon (3659.T) The Japanese gaming giant purchased $100 million in Bitcoin in April 2021. While the position has fluctuated in value, Nexon has held through multiple market cycles.

Mercado Libre (MELI) Latin America's largest e-commerce company allocated a portion of its treasury to Bitcoin, making it one of the few major e-commerce players to hold BTC.

Phoenix Group (PHX) A UAE-based Bitcoin mining and blockchain infrastructure company that holds Bitcoin as part of its mining operations.

Why Companies HODL Instead of Sell

The companies that perform best as Bitcoin holders share a few traits:

1. Long time horizon. They treat Bitcoin as a multi-year (or permanent) position, not a quarterly trade.
2. Strong balance sheet. They can weather Bitcoin volatility without being forced to sell at unfavorable prices.
3. Clear thesis. They articulate why they hold Bitcoin — usually as an inflation hedge or store of value — and stick to it.
4. Operational alignment. Mining companies naturally accumulate BTC; fintech companies benefit from proximity to the ecosystem.

How to Invest in Bitcoin-Holding Companies

If you want exposure to public companies that hold Bitcoin, you have several options:

• Buy individual stocks. Directly purchase shares of companies like MicroStrategy (MSTR), Marathon Digital (MARA), or Tesla (TSLA) through any brokerage.
• Buy a Bitcoin ETF. Funds like iShares Bitcoin Trust (IBIT) or Fidelity Wise Origin Bitcoin Fund (FBTC) give you direct Bitcoin exposure through a traditional brokerage account.
• Buy Bitcoin directly. Use an exchange like Coinbase, Kraken, or River to buy and hold Bitcoin yourself — then move it to cold storage for safekeeping.

The Trend Is Accelerating

Every quarter, more companies announce Bitcoin treasury strategies. The playbook is proven: MicroStrategy's stock has vastly outperformed its software business fundamentals, driven almost entirely by its Bitcoin holdings. Metaplanet is replicating this in Japan. Semler Scientific brought it to the medical device sector.

As Bitcoin continues its march toward mainstream acceptance, expect this list to keep growing. The question is shifting from "should we hold Bitcoin?" to "how much should we hold?"

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This list is maintained by the Bitcoin HODL Directory team and updated regularly. Browse all companies holding Bitcoin →