Bitcoin Hoarders Hit 1 Million: Saylor Outpaces Them All 🍟💸

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What a spectacle! Treasury firms are now clutching more than 5% of all Bitcoin. But peer closer, and you shall find that-like a portly karp feasting on marshy pond crumbs-Strategy has gobbled up more than all the other little fish combined. Hungry, aren’t they?

  • Corporate Bitcoin treasuries have clambered to the dizzy height of 1 million BTC-over 5% of total supply. That’s a lot of virtual coins for imaginary pockets!
  • Michael Saylor’s formidable Strategy has snatched more BTC than the entire horde of public firms put together. The rest must be busy counting their kombucha bottles.

Somewhere on this cracked earth, a new milestone groans under its own weight: public companies now horde more than 1 million Bitcoin (BTC), worth enough billions to make even a czar perspire. So said the mystical scrolls of BitcoinTreasuries.net on September 4th. No need for a monocle-the numbers glare back at us in all their toothy splendor.

Thus, these companies hold-not just bits of code-but over 5% of Bitcoin’s whole supply, of which only 19.91 million exist. And lest hope springs eternal in fools, the supply is forever capped at 21 million. A miser’s heaven and an economist’s headache.

And who is this pied piper of the digital realm? Michael Saylor’s Strategy, of course! It’s the Tolstoy of Bitcoining, with 636,505 BTC (about 3% of supply)-an empire built of zeros and ones. If the rest of the treasury firms got together, they’d still look like street urchins asked to join a royal banquet.

Trailing feebly behind is MARA Holdings, a miner with the ambitions of a banker, grasping 50,639 BTC, valued at the cost of several gilded palaces-$5.6 billion, if you’d like to know. Next up: XXI and Bitcoin Standard, presumably named after the number of tears shed trying to catch up, hold $4.8B and $3.3B. Such drama! 🍿

U.S. Companies Rule the Bitcoin Roost (Who Knew?)

And who, pray tell, are the biggest hodlers? U.S. firms, as if guided by manifest destiny, dominate with 12 of the top 15 spots. The list twists unexpectedly to Japan-Metaplanet (20,000 BTC), bravely staking the honor of Asia-and to Canada (Hut 8 Mining, 10,000 BTC), not forgetting China’s Next Technology with a humble 5,833 BTC, like a pensive philosopher counting abacuses in the rain.

Naturally, Tesla appears. Yes, Elon’s wild wagon holds 11,506 BTC, even though it doesn’t really dabble in Bitcoin treasuring and occasionally tosses its hoard about like confetti at a deranged ball. Supposedly, Tesla’s casual crypto habit added $600 million to its Q4 2024 earnings. Capitalism: where the coins are digital, but the madness is ever so real. 🦄

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2025-09-04 18:02