BlockWest Data

Crypto treasury companies

The public companies holding bitcoin, ether and solana as a treasury asset, ranked by holdings. Holdings data from CoinGecko, refreshed every six hours; share prices and market caps from Nasdaq.

1,298,547 BTCheld by 180 public companies

$111Bcurrent value

6.18%of total BTC supply

86%held by the top 10

#	Company	Holdings	Value	% of supply	Avg cost	mNAV
1	StrategyMSTR · US	847,999	$72.5B	4.038%	$76,079 +12%	0.95x
2	Twenty One CapitalXXI · US	43,514	$3.7B	0.207%	–	1.01x
3	Metaplanet3350 · JP	43,000	$3.7B	0.205%	$88,622 -4%	–
4	MARA HoldingsMARA · US	35,303	$3.0B	0.168%	–	1.43x
5	Bitcoin Standard Treasury CompanyCEPO · US	30,021	$2.6B	0.143%	–	–
6	StriveASST · US	27,461	$2.3B	0.131%	$90,401 -5%	1.25x
7	Galaxy Digital Holdings LtdGLXY · US	25,723	$2.2B	0.122%	$88,753 -4%	4.03x
8	BullishBLSH · US	23,300	$2.0B	0.111%	–	2.75x
9	Space Exploration Technologies Corp.SPCX · US	18,712	$1.6B	0.089%	$35,325 +142%	–
10	Coinbase GlobalCOIN · US	16,492	$1.4B	0.079%	$70,138 +22%	35.21x
11	Riot PlatformsRIOT · US	15,680	$1.3B	0.075%	–	5.41x
12	Hut 8 Mining CorpHUT · US	13,696	$1.2B	0.065%	–	9.40x
13	CleanSparkCLSK · US	13,470	$1.2B	0.064%	–	2.78x
14	TeslaTSLA · US	11,509	$984M	0.055%	$33,539 +155%	1,519.94x
15	Trump Media & Technology Group Corp.DJT · US	9,542	$816M	0.045%	$118,529 -28%	2.94x
16	BlockXYZ · US	9,032	$772M	0.043%	–	–
17	American BitcoinABTC · US	7,500	$641M	0.036%	–	–
18	GD Culture GroupGDC · CN	7,500	$641M	0.036%	$112,201 -24%	–
19	Next Technology HoldingNXTT · CN	5,833	$499M	0.028%	$31,386 +172%	–
20	Silvia (formerly ProCap Financial)BRR · US	5,130	$439M	0.024%	–	–
21	Gemini Space StationGEMI · US	4,827	$413M	0.023%	$48,723 +76%	–
22	Nakamoto Inc (formerly KindlyMD)NAKA · US	4,467	$382M	0.021%	–	–
23	Boyaa Interactive International Limited434 · HK	4,091	$350M	0.019%	$68,114 +26%	–
24	OranjeBTCOBTC3 · BR	3,950	$338M	0.019%	$103,217 -17%	–
25	BitGo HoldingsBTGO · US	3,854	$330M	0.018%	$66,794 +28%	2.63x
26	Bitcoin Group SEADE · DE	3,605	$308M	0.017%	–	–
27	Capital BALCPB · FR	3,525	$301M	0.017%	$101,898 -16%	–
28	Empery DigitalEMPD · US	2,914	$249M	0.014%	–	–
29	DDC Enterprise LimitedDDC · US	2,899	$248M	0.014%	$78,204 +9%	–
30	Ionic DigitalIOND · US	2,882	$246M	0.014%	–	–
31	The Smarter Web Company PLCSWC · GB	2,747	$235M	0.013%	$116,896 -27%	–
32	DeFi TechnologiesDEFI · CA	2,597	$222M	0.012%	–	–
33	Microcloud HologramHOLO · KY	2,353	$201M	0.011%	$84,000 +2%	–
34	BITFUFUFUFU · SG	1,830	$156M	0.009%	–	–
35	CanaanCAN · US	1,826	$156M	0.009%	–	–
36	NEXON Co., Ltd.3659 · JP	1,717	$147M	0.008%	$58,226 +47%	–
37	Keel Infrastructure (formerly Bitfarms)KEEL · US	1,558	$133M	0.007%	–	–
38	Remixpoint3825 · JP	1,501	$128M	0.007%	$98,104 -13%	–
39	Cipher Digital Inc (formerly Cipher Mining)CIFR · US	1,500	$128M	0.007%	–	–
40	Anap Holdings3189 · JP	1,432	$122M	0.007%	$94,096 -9%	–
41	TreasuryNEDSE · NL	1,111	$95M	0.005%	–	–
42	Hyperscale DataGPUS · US	1,106	$95M	0.005%	–	–
43	H100 GroupGS9 · SE	1,051	$90M	0.005%	$77,143 +11%	–
44	ZOOZZOOZ · IL	1,036	$89M	0.005%	$116,195 -26%	–
45	CangoCANG · CN	1,026	$88M	0.005%	–	–
46	Nano LabsNA · CN	1,000	$86M	0.005%	–	–
47	USBCUSBC · US	1,000	$86M	0.005%	–	–
48	Apimeds Pharmaceuticals US IncAPUS · US	1,000	$86M	0.005%	–	–
49	Core ScientificCORZ · US	848	$73M	0.004%	–	–
50	FigmaFIG · US	843	$72M	0.004%	$65,274 +31%	–
51	Ming Shing GroupMSW · HK	833	$71M	0.004%	$89,250 -4%	–
52	Fold HoldingsFLD · US	827	$71M	0.004%	–	–
53	Yueda Digital HoldingYDKG · KY	819	$70M	0.004%	–	0.07x
54	SOS LimitedSOS · CN	803	$69M	0.004%	–	–
55	Convano6574 · JP	763	$65M	0.004%	–	–
56	Bitcoin Treasury CorpBTCT · CA	759	$65M	0.004%	–	–
57	Aker ASAAKER · NO	754	$64M	0.004%	$53,928 +59%	–
58	CIMGCIMG · CN	730	$62M	0.003%	–	–
59	Exodus MovementEXOD · US	656	$56M	0.003%	–	–
60	Phoenix Group PLCPHX · AE	641	$55M	0.003%	–	–
61	MéliuzCASH3 · BR	605	$52M	0.003%	$103,323 -17%	–
62	MercadoLibreMELI · AR	570	$49M	0.003%	$38,569 +122%	–
63	Bitmax Co377030 · KR	551	$47M	0.003%	$103,018 -17%	–
64	Alliance Resource Partners, L.P.ARLP · US	541	$46M	0.003%	$45,246 +89%	–
65	Samara Asset GroupSRAG · MT	540	$46M	0.003%	–	–
66	Figure Technology SolutionsFIGR · US	527	$45M	0.003%	–	–
67	PreneticsPRE · KY	510	$44M	0.002%	$106,600 -20%	–
68	3U Holding AGUUU · DE	427	$37M	0.002%	–	–
69	Neptune Digital AssetsNDA · CA	417	$36M	0.002%	–	–
70	Virtu FinancialVIRT · US	410	$35M	0.002%	$93,169 -8%	–
71	DMG Blockchain SolutionsDMGI · CA	398	$34M	0.002%	–	–
72	LM Funding AmericaLMFA · US	356	$30M	0.002%	–	–
73	Net Holding A.S.NTHOL · TR	352	$30M	0.002%	–	–
74	Consensus Mining & SeigniorageCMSG · US	346	$30M	0.002%	$48,667 +76%	–
75	Angel Studios IncANGX · US	303	$26M	0.001%	$62,089 +38%	–
76	Bitplanet Co049470 · KR	300	$26M	0.001%	$105,395 -19%	–
77	POP Culture Group Co. Ltd.CPOP · CN	300	$26M	0.001%	$110,000 -22%	–
78	S-Science Company5721 · JP	296	$25M	0.001%	$114,772 -25%	–
79	The9 LimitedNCTY · CN	285	$24M	0.001%	–	–
80	DigitalXDCC · AU	284	$24M	0.001%	–	–
81	LQWD Technologies Corp.LQWD · CA	267	$23M	0.001%	$77,380 +11%	–
82	Phoenix Digital AssetsPNIX · GB	247	$21M	0.001%	–	–
83	Coinshares International LimitedCS · JE	236	$20M	0.001%	–	–
84	WEMADE112040 · KR	223	$19M	0.001%	$93,959 -9%	–
85	Vanadi Coffee, SAVANA · ES	213	$18M	0.001%	$99,548 -14%	–
86	RUM Group Inc (formerly Rumble)RUM · CA	211	$18M	0.001%	–	–
87	Parataxis Korea288330 · KR	200	$17M	0.001%	–	–
88	BitMine ImmersionBMNR · US	198	$17M	0.001%	–	954.50x
89	CoinsiliumCOIN · GI	182	$16M	0.001%	$105,182 -19%	–
90	Matador TechnologiesMATA · CA	175	$15M	0.001%	–	–
91	Bitcoin Treasury CapitalBTC-B · SE	167	$14M	0.001%	$122,332 -30%	–
92	HIVE Digital TechnologiesHIVE · CA	166	$14M	0.001%	–	–
93	The Brooker GroupBTC · TH	165	$14M	0.001%	–	–
94	FRMO Corp.FRMO · US	159	$14M	0.001%	$25,124 +240%	–
95	B HODLHODL · GB	158	$14M	0.001%	$111,878 -24%	–
96	Genius GroupGNS · SG	154	$13M	0.001%	–	–
97	Sixty-Six CapitalSIX · CA	149	$13M	0.001%	–	–
98	K33 ABK33 · NO	141	$12M	0.001%	$117,224 -27%	–
99	BTCS S.A.BTF · PL	138	$12M	0.001%	$112,094 -24%	–
100	Vaultz CapitalV3TC · GB	135	$12M	0.001%	$75,066 +14%	–
101	Horizon Kinetics Holding CorpHKHC · US	131	$11M	0.001%	$12,992 +558%	–
102	Neowiz holdings042420 · KR	123	$11M	0.001%	$57,634 +48%	–
103	DigiPowerXDGX · US	112	$10M	0.001%	–	–
104	BIGG Digital AssetsBIGG · CA	100	$9M	0.000%	–	–
105	Bitcoin DepotBTM · US	100	$9M	0.000%	–	–
106	Lion Group HoldingLGHL · SG	88.49	$8M	0.000%	–	–
107	London Bitcoin Company (formerly Vinanz)BTC · GB	85.97	$7M	0.000%	$103,137 -17%	–
108	Belgravia Hartford CapitalBLGV · CA	83.13	$7M	0.000%	$104,937 -19%	–
109	Gumi Inc3903 · JP	80.35	$7M	0.000%	$85,769 0%	–
110	YUXING8005 · HK	78.20	$7M	0.000%	$80,960 +6%	–
111	RSXYZ PCLXYZ · TH	74.97	$6M	0.000%	$112,629 -24%	–
112	Circle Internet GroupCRCL · US	74.00	$6M	0.000%	$30,108 +184%	–
113	Bitcoin WellBTCW · CA	68.99	$6M	0.000%	$113,061 -24%	–
114	Stack BTCKASH · GB	68.19	$6M	0.000%	$67,979 +26%	–
115	SBC Medical Group HoldingsSBC · JP	66.00	$6M	0.000%	–	–
116	XCE Connecting Excellence GroupXCE · GB	62.92	$5M	0.000%	$67,958 +26%	–
117	AtaiBeckley Inc (formerly ATAI Life Sciences N.V.)ATAI · DE	58.00	$5M	0.000%	$86,207 -1%	–
118	Orion Digital Corp (formerly Mogo)ORIO · CA	50.00	$4M	0.000%	–	–
119	Datacentrex (formerly Thumzup Media)DTCX · US	46.00	$4M	0.000%	$83,946 +2%	–
120	Linekong Interactive Group Co., Ltd8267 · CN	44.20	$4M	0.000%	$28,054 +205%	–
121	Robin EnergyRBNE · CY	43.95	$4M	0.000%	$113,766 -25%	–
122	BitStrat Holdings6113 · HK	43.41	$4M	0.000%	$114,950 -26%	–
123	LiveOneLVO · US	43.15	$4M	0.000%	$115,875 -26%	–
124	WonderFi (acquired by Robinhood)WNDR · CA	39.80	$3M	0.000%	–	–
125	AI Fusion Capital Group254A · JP	37.77	$3M	0.000%	$68,114 +26%	–
126	ACE DigitalACED · NO	32.52	$3M	0.000%	–	–
127	aifinyoEBEN · DE	30.90	$3M	0.000%	–	–
128	AsiaStrategySORA · HK	30.00	$3M	0.000%	–	–
129	Moon Inc1723 · HK	29.48	$3M	0.000%	$87,788 -3%	–
130	Planet Ventures· CA	28.89	$2M	0.000%	$114,195 -25%	–
131	Fragbite GroupFRAG · SE	28.88	$2M	0.000%	$116,186 -26%	–
132	Crypto Blockchain IndustriesALCBI · FR	28.76	$2M	0.000%	–	–
133	Sphere 3DANY · US	22.70	$2M	0.000%	–	–
134	DevvStreamDEVS · CA	22.23	$2M	0.000%	–	–
135	MuranoMRNO · MX	21.00	$2M	0.000%	–	–
136	FalconedgeEDGE · GB	20.28	$2M	0.000%	$98,147 -13%	–
137	Hamak StrategyHAMA · VG	20.00	$2M	0.000%	$117,797 -27%	–
138	Norwegian Block ExchangeNBX · NO	19.10	$2M	0.000%	–	–
139	CDT EquityCDT · US	17.91	$2M	0.000%	$111,816 -24%	–
140	Merchant Bankers Co (MBK)3121 · JP	17.60	$2M	0.000%	$109,788 -22%	–
141	Abits GroupABTS · US	15.70	$1M	0.000%	–	–
142	Value Creation9238 · JP	15.16	$1M	0.000%	$102,505 -17%	–
143	iPowerIPW · US	15.10	$1M	0.000%	$87,775 -3%	–
144	GlobantGLOB · US	15.00	$1M	0.000%	$33,333 +157%	–
145	Kontrol TechnologiesKNR · CA	14.16	$1M	0.000%	–	–
146	Digital Commodities Capital· CA	13.08	$1M	0.000%	$129,251 -34%	–
147	Locate TechnologiesLOC · AU	12.30	$1M	0.000%	$117,624 -27%	–
148	Goobit GroupBTCX · SE	11.65	$996,104	0.000%	$107,304 -20%	–
149	Kitabo3409 · JP	11.54	$986,775	0.000%	$107,438 -20%	–
150	NOMAD Power Solutions (formerly LIXTE Biotechnology)NMAD · US	10.50	$897,845	0.000%	–	–
151	Walnut Capital Limited0905 · HK	10.00	$855,091	0.000%	–	–
152	Blue Star CapitalBLU · GB	9.27	$792,440	0.000%	$116,007 -26%	–
153	SATO Technologies CorpSATO · CA	9.00	$769,582	0.000%	–	–
154	Athena Bitcoin GlobalABIT · US	9.00	$769,582	0.000%	–	–
155	GSTechnologiesGST · AU	8.80	$752,480	0.000%	$113,593 -25%	–
156	Jasmine International PCLJAS · TH	8.66	$740,508	0.000%	–	–
157	Cathedra Bitcoin (acquired by Sphere 3D Corp)CBIT · CA	7.57	$647,304	0.000%	–	–
158	Refine GroupREFINE · SE	7.18	$613,955	0.000%	$115,585 -26%	–
159	Where Food Comes FromWFCF · US	7.01	$599,237	0.000%	$25,400 +237%	–
160	Al Abraaj Restaurants GroupABRAAJ · BH	7.00	$598,563	0.000%	$97,743 -13%	–
161	AutrisAUTR · PA	6.99	$597,365	0.000%	$51,148 +67%	–
162	GreenMerc· SE	6.20	$530,156	0.000%	–	–
163	OneMedNet CorporationONMD · US	6.00	$513,054	0.000%	$108,833 -21%	–
164	Quantum Solutions2338 · JP	5.07	$433,531	0.000%	$90,406 -5%	–
165	Pioneer AI Foundry IncJPEG · CA	5.03	$430,111	0.000%	–	–
166	Tap GlobalTAP · GB	5.00	$427,545	0.000%	–	–
167	Green Minerals ASGEM · NO	4.00	$342,036	0.000%	$104,196 -18%	–
168	Banxa Holdings (acquired by OSL Group)BNXA · CA	4.00	$342,036	0.000%	–	–
169	TeraWulfWULF · US	4.00	$342,036	0.000%	–	–
170	Bit DigitalBTBT · US	4.00	$342,036	0.000%	$87,103 -2%	1,623.73x
171	333DT3D · AU	2.02	$172,583	0.000%	$119,464 -28%	–
172	GameStop Corp.GME · US	1.00	$85,509	0.000%	–	–
173	PhunwarePHUN · US	0.82	$70,117	0.000%	–	–
174	Semler Scientific (acquired by Strive)SMLR · US	0.00	–	0.000%	–	–
175	Bitdeer Technologies GroupBTDR · SG	0.00	–	0.000%	–	–
176	KULR Technology GroupKULR · US	0.00	–	0.000%	–	–
177	Satsuma TechnologySATS · GB	0.00	–	0.000%	–	–
178	Gyet Co.7603 · JP	0.00	–	0.000%	–	–
179	K Wave MediaKWM · US	0.00	–	0.000%	–	–
180	Sequans Communications S.A.SQNS · FR	0.00	–	0.000%	–	–

8,029,768 ETHheld by 34 public companies

$21.7Bcurrent value

6.57%of total ETH supply

99%held by the top 10

#	Company	Holdings	Value	% of supply	Avg cost	mNAV
1	BitMine ImmersionBMNR · US	6,016,414	$16.2B	4.927%	–	0.99x
2	SharpLinkSBET · US	868,699	$2.3B	0.711%	–	0.89x
3	The Ether MachineETHM · US	496,712	$1.3B	0.407%	–	–
4	Bit DigitalBTBT · US	158,462	$428M	0.130%	$2,842 -5%	1.30x
5	Coinbase GlobalCOIN · US	150,193	$406M	0.123%	$2,378 +14%	122.46x
6	BTCSBTCS · US	70,787	$191M	0.058%	$3,040 -11%	0.41x
7	Forum Markets (formerly ETHZilla)FRMM · US	69,802	$188M	0.057%	–	0.33x
8	Galaxy Digital Holdings LtdGLXY · US	61,137	$165M	0.050%	$2,960 -9%	53.63x
9	FG NexusFGNX · US	40,093	$108M	0.033%	$3,934 -31%	–
10	Yueda Digital HoldingYDKG · KY	19,929	$54M	0.016%	–	0.10x
11	BullishBLSH · US	14,200	$38M	0.012%	–	143.03x
12	Eightco HoldingsORBS · US	11,068	$30M	0.009%	–	15.53x
13	Parataxis Ethereum, Inc.290560 · KR	10,449	$28M	0.009%	–	–
14	IntchainsICG · CN	8,816	$24M	0.007%	–	4.82x
15	Quantum Solutions2338 · JP	5,765	$16M	0.005%	$3,695 -27%	–
16	Def Consulting4833 · JP	4,571	$12M	0.004%	$4,505 -40%	–
17	CanaanCAN · US	3,952	$11M	0.003%	–	–
18	SOS LimitedSOS · CN	2,950	$8M	0.002%	–	–
19	TORICO Co.,Ltd.7138 · JP	2,773	$7M	0.002%	$2,621 +3%	–
20	Gemini Space StationGEMI · US	2,741	$7M	0.002%	$3,499 -23%	–
21	BTC DigitalBTCT · SG	2,135	$6M	0.002%	$2,810 -4%	–
22	Circle Internet GroupCRCL · US	1,744	$5M	0.001%	$2,592 +4%	–
23	The Brooker GroupBTC · TH	1,444	$4M	0.001%	–	–
24	Exodus MovementEXOD · US	1,433	$4M	0.001%	–	–
25	GameSquare HoldingsGAME · US	1,343	$4M	0.001%	$2,967 -9%	–
26	DigiPowerXDGX · US	1,000	$3M	0.001%	–	–
27	Cosmos HealthCOSM · US	475	$1M	0.000%	$4,212 -36%	–
28	iPowerIPW · US	301	$812,982	0.000%	$2,935 -8%	–
29	NOMAD Power Solutions (formerly LIXTE Biotechnology)NMAD · US	300	$810,012	0.000%	–	–
30	Blue Star CapitalBLU · GB	72.03	$194,493	0.000%	$3,732 -28%	–
31	PhunwarePHUN · US	8.02	$21,654	0.000%	–	–
32	Remixpoint3825 · JP	0.00	–	0.000%	–	–
33	Bitmax Co377030 · KR	0.00	–	0.000%	–	–
34	DeFi TechnologiesDEFI · CA	0.00	–	0.000%	–	–

19,608,205 SOLheld by 23 public companies

$2.4Bcurrent value

3.33%of total SOL supply

98%held by the top 10

#	Company	Holdings	Value	% of supply	Avg cost	mNAV
1	Forward IndustriesFWDI · US	7,550,000	$907M	1.283%	–	0.68x
2	DeFi Development Corp.DFDV · US	2,490,304	$299M	0.423%	–	0.60x
3	UpexiUPXI · US	2,173,204	$261M	0.369%	$150 -20%	0.39x
4	SkyAI Inc (formerly Sharps Technology)SKYA · US	2,077,799	$250M	0.353%	$194 -38%	0.32x
5	Solana CompanyHSDT · US	2,064,717	$248M	0.351%	$220 -46%	0.69x
6	Galaxy Digital Holdings LtdGLXY · US	775,289	$93M	0.132%	$170 -29%	95.08x
7	Yueda Digital HoldingYDKG · KY	749,965	$90M	0.127%	–	0.06x
8	SOL StrategiesHODL · CA	533,040	$64M	0.091%	–	–
9	Phoenix Group PLCPHX · AE	508,074	$61M	0.086%	–	–
10	BitGo HoldingsBTGO · US	318,375	$38M	0.054%	$109 +10%	22.69x
11	DeFi TechnologiesDEFI · CA	61,000	$7M	0.010%	–	–
12	KIDZ AI Inc (formerly Classover Holdings)KIDZ · US	57,793	$7M	0.010%	$148 -19%	0.30x
13	WIZE Inc (formerly Mobcast Holdings Inc.)3664 · JP	50,812	$6M	0.009%	$114 +5%	–
14	SOLAI Limited (formerly BIT Mining)SLAI · US	44,412	$5M	0.008%	–	–
15	Torrent CapitalTORR · CA	40,039	$5M	0.007%	$162 -26%	–
16	Neptune Digital AssetsNDA · CA	33,312	$4M	0.006%	–	–
17	Exodus MovementEXOD · US	20,673	$2M	0.004%	–	–
18	DigitalXDCC · AU	20,423	$2M	0.003%	–	–
19	The Brooker GroupBTC · TH	14,706	$2M	0.002%	–	–
20	DevvStreamDEVS · CA	12,128	$1M	0.002%	–	–
21	Lion Group HoldingLGHL · SG	10,820	$1M	0.002%	–	–
22	Pioneer AI Foundry IncJPEG · CA	1,321	$158,675	0.000%	–	–
23	Remixpoint3825 · JP	0.00	–	0.000%	–	–

Latest treasury company coverage

How to read this. Holdings, value and share of supply come from CoinGecko’s public treasury data and can lag company filings. Avg cost is shown only where an entry value is disclosed, with the gain or loss versus today’s price. mNAV here is a simple ratio of equity market cap to the value of the coins held, for US-listed names; it ignores debt, preferred stock and other businesses, so it overstates the premium for leveraged holders and understates it for companies with large operating businesses. Not investment advice.

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