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Strategy Dominates List of Largest Corporate Bitcoin Holders

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Strategy, led by Michael Saylor, remains at the top of the list as the largest corporate Bitcoin holder, holding 843,775 BTC worth around $58 billion as of July 25, 2026. This is roughly 19 times what second-place Twenty One Capital holds.

The gap between Strategy and other companies on the list has never been wider. While some companies are thriving, others are struggling to keep up with their Bitcoin holdings.

Riot Platforms stock gained 73% YTD in 2026, while Twenty One Capital's shares fell 47.9%. SpaceX went public on Nasdaq June 12, 2026, and SPCX shares have fallen 15% below the $135 IPO price.

The companies that mine Bitcoin are having a strong year, with Riot Platforms up 73%, Cleanspark gaining 39%, and Mara Holdings up 31%. On the other hand, companies that simply hold Bitcoin as a treasury asset are not faring so well.

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