335 Entities Now Hold 3.75 Million Bitcoins

As of late September 2025, approximately 335 entities hold 3.75 million BTC, reflecting a growing institutional presence. Major holders include ETFs, funds, corporate treasuries, and governments, led by MicroStrategy and the US Treasury.

Institutional Investment in Bitcoin

The aggregation of Bitcoin by institutional and fund entities has reached a new milestone with 335 entities holding 3.75 million BTC as of September 2025. This marks a significant increase in corporate and governmental investment into the cryptocurrency sector, primarily attributed to the strategic goals of major players such as MicroStrategy and the U.S. Treasury.

Rising Prominence of Bitcoin as a Strategic Reserve Asset

The increase in Bitcoin holdings by these entities highlights the cryptocurrency’s prominence as a strategic reserve asset. It reflects rising institutional interest and a push towards broader adoption, supported by market confidence and regulatory clarity.

A significant increase in Bitcoin holdings by 335 institutional and fund entities signifies a shift towards wider adoption of Bitcoin in the market. Public companies and governments, such as the U.S. Treasury, are prominent contributors, with MicroStrategy’s aggressive Bitcoin strategy setting the pace.

Bitcoin as Digital Gold

Entities like BlackRock have highlighted the role of Bitcoin as digital gold, with similar support seen from other ETFs. On-chain analysis shows mid-tier wallets, representing smaller funds and high-net-worth individuals, have expanded holdings, indicating broader uptake across various investor categories.

The surge in Bitcoin holdings suggests heightened institutional and investment fund engagement. Analysis indicates reduced liquid supply due to cold storage and ETF custody. Withdrawal from exchanges points to a long-term holding strategy, positively influencing Bitcoin’s market value and stability.

Larry Fink, CEO, BlackRock, – “Digital gold is no longer a metaphor. Institutions see Bitcoin as a core asset class for the next decade.”

Future Implications

Past trends in corporate treasury adoption of Bitcoin have demonstrated significant price appreciation. Current data mirrors these past patterns, underscoring Bitcoin’s increased acceptance as a mainstream asset. Investors observe lower exchange reserves as an indicator of persistent institutional demand.

Expectations for Bitcoin’s future include potential price appreciation driven by sustained institutional interest. Market observers note that Bitcoin’s role in portfolio diversification is gaining emphasis, while regulators maintain a supportive environment for ETF products and corporate holdings.