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Companies that hold bitcoin
Some public companies keep bitcoin as a reserve asset. One, Strategy, holds far more than the rest.
- Companies buy bitcoin to hold as a reserve, instead of only cash.
- Strategy (formerly MicroStrategy), the largest, began buying in August 2020.
- It reported 850,364 BTC in a filing on November 9, 2026.
A "bitcoin treasury" company keeps bitcoin on its balance sheet the way others keep cash or bonds. Some, like Strategy (formerly MicroStrategy), raise money by selling stock or debt specifically to buy more.
Supporters see it as protecting the company's savings over the long run. Critics point to the risk: when the price falls, so does the company's value, and borrowed money can make that worse.
We track every purchase and sale Strategy has reported, with a link to each SEC filing. We also track the holdings of public companies that own bitcoin.
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How do we know how much they hold?
US public companies must report material purchases and sales in SEC filings such as 8-Ks and quarterly 10-Qs. We only count what a filing confirms.
Do these companies ever sell?
Yes. Strategy's own ledger shows several sales in 2026. Every one is in our tracker.