Corporate Bitcoin treasuries
1,293,205BTC held by public companies
tailwind57/100as of 2026-09-08
- 30-day change
- +0.7%
- Public companies
- 180
- Top holder
- Strategy (845,050 BTC)
Why
180 public companies hold ~1,293,205 BTC (top: Strategy, 845,050 BTC). Corporate treasury accumulation is structural institutional demand; the trend strengthens as history accrues. Strategy (MSTR) trades at an observable ~0.754x mNAV — its equity value vs the value of its 845,050 BTC (quote 2026-09-04); reported as a number only, not a valuation judgement.
“Corporate treasuries turn balance sheets into standing demand; each quarter more CFOs treat BTC as a reserve asset.”
Descriptive, verified.
Treasury-premium cohort · observable mNAV
| # | Company | mNAV | BTC | Mkt cap | Quote |
|---|---|---|---|---|---|
| 1 | MARA HoldingsMARA.US | 1.558×premium | 35,303 | $4.31B | Yahoo Finance · 2026-09-04 |
| 2 | StrategyMSTR.US | 0.754×discount | 845,050 | $49.95B | Yahoo Finance · 2026-09-04 |
| 3 | Metaplanet3350.T | 0.602×discount | 43,000 | $2.03B | Yahoo Finance · 2026-09-08 |
Observable ratio only. Unpriced names show n/a. Cohort as of 2026-09-08 · 3/3 priced.
By company
StrategyTwenty One CapitalMetaplanetMARA HoldingsBitcoin Standard Treasury CompanyAll →