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Could The US Government Fork Bitcoin Out From Under Saylor & MSTR? (OG Explains)

Saylor owns almost 5% of Bitcoin's supply. Strategy could cross one million coins. Could the US government fork Bitcoin out from under MSTR? Brandon Quittem — author of The Mycelium of Money and one of Bitcoin's most widely read thinkers — says the answer isn't what you think.

United States: Publicly Traded Bitcoin Treasury Companies

Track publicly traded companies holding Bitcoin on their balance sheets, ranked by BTC holdings.

BTC Held by Public Companies

1.163M

$73.50B

Number of Public Companies

BTC Price

$63,203

Asset Dominance

94.7%

BTC 94.7% ETH 4.5% SOL .46% BNB .12% XRP .15%

United States: Public Companies Ranked by Bitcoin Holdings

#	Name
1	🇺🇸	Strategy MSTR	₿ 843,775	$53,329M	$33,902M	$,*M	.*******	$,*M	.*x	.**	**.%	4.018%
2	🇺🇸	Twenty One Capital XXI	₿ 43,514	$2,750M	$1,811M	$,**M	.*******	$,**M	.*x	.**	**.%	0.207%
3	🇺🇸	MARA Holdings, Inc. MARA	₿ 36,303	$2,294M	$5,037M	$,**M	.*******	—	—	—	*.%	0.173%
4	🇺🇸	Bitcoin Standard Treasury Company BSTR	₿ 30,021	$1,897M	—	—	—	—	—	—		0.143%
5	🇺🇸	Bullish BLSH	₿ 24,300	$1,536M	$2,809M	$,**M	.*******	—	—	—	*.%	0.116%
6	🇺🇸	Strive ASST	₿ 19,882	$1,257M	$1,010M	$,**M	.*******	—	—	.**	**.%	0.095%
7	🇺🇸	SpaceX SPCX	₿ 18,712	$1,183M	$1,155,963M	$*,*M	—	—	—	—	.%	0.089%
8	🇺🇸	Coinbase Global, Inc. COIN	₿ 16,492	$1,042M	$42,705M	$,*M	.*******	$,**M	.*x	—	.%	0.079%
9	🇺🇸	Riot Platforms, Inc. RIOT	₿ 15,680	$991M	$8,088M	$,**M	.*******	—	—	—	*.%	0.075%
10	🇺🇸	CleanSpark, Inc. CLSK	₿ 13,924	$880M	$3,672M	$,**M	.*******	—	—	—	*.%	0.066%
11	🇺🇸	Tesla, Inc. TSLA	₿ 11,509	$727M	$1,347,323M	$,,*M	.*******	$***M	.*x	—	.%	0.055%
12	🇺🇸	Hut 8 Mining Corp HUT	₿ 10,278	$650M	$11,597M	$,*M	.*******	—	—	—	.%	0.049%
13	🇺🇸	Trump Media & Technology Group Corp. DJT	₿ 9,542	$603M	$2,401M	$,**M	.*******	—	—	—	*.%	0.045%
14	🇺🇸	Block, Inc. XYZ	₿ 9,032	$571M	$47,003M	$,*M	.*******	$***M	.*x	—	.%	0.043%
15	🇺🇸	American Bitcoin Corp ABTC	₿ 8,000	$506M	$5,492M	$,**M	.*******	—	—	—	.%	0.038%
16	🇺🇸	GD Culture Group GDC	₿ 7,500	$474M	$86M	$**M	.*******	$***M	.*x	—	**.%	0.036%
17	🇺🇸	Galaxy Digital Holdings Ltd GLXY	₿ 6,894	$436M	$9,884M	$,*M	.*******	—	—	—	.%	0.033%
18	🇺🇸	ProCap Financial BRR	₿ 5,405	$342M	$52M	$***M	—	—	—	—	**.%	0.026%
19	🇺🇸	Gemini Space Station Inc GEMI	₿ 4,619	$292M	$218M	$***M	—	$***M	.*x	—	**.%	0.022%
20	🇺🇸	Nakamoto Inc NAKA	₿ 4,467	$282M	$67M	$***M	.*******	—	—	.**	**.%	0.021%
21	🇺🇸	Empery Digital EMPD	₿ 2,914	$184M	$154M	$***M	.*******	—	—	—	**.%	0.014%
22	🇺🇸	DDC Enterprise Limited DDC	₿ 2,899	$183M	$35M	$***M	.*******	$***M	.*x	.**	**.%	0.014%
23	🇺🇸	Keel Infrastructure Corp KEEL	₿ 2,469	$156M	$2,710M	$,**M	.*******	—	—	—	.%	0.012%
24	🇺🇸	BitGo Holdings, Inc. BTGO	₿ 2,449	$155M	$552M	$***M	—	—	—	—	*.%	0.012%
25	🇺🇸	Cipher Mining CIFR	₿ 1,500	$95M	$8,812M	$,**M	.*******	$***M	.*x	—	.%	0.007%
26	🇺🇸	KULR Technology Group KULR	₿ 1,083	$68M	$123M	$***M	.*******	—	—	.**	*.%	0.005%
27	🇺🇸	Cango Inc CANG	₿ 1,065	$67M	$38M	$***M	.*******	—	—	—	**.%	0.005%
28	🇺🇸	USBC, Inc. USBC	₿ 1,000	$63M	$2M	$*M	.*******	—	—	.**	***.%	0.005%
29	🇺🇸	Hyperscale Data GPUS	₿ 1,000	$63M	$26M	$***M	—	—	—	—	**.%	0.005%
30	🇺🇸	Apimeds Pharmaceuticals US, Inc. APUS	₿ 1,000	$63M	$11M	—	—	—	—	—	**.%	0.005%
31	🇺🇸	Figma Inc FIG	₿ 767	$48M	$9,789M	$,**M	—	$**M	.*x	—	.%	0.004%
32	🇺🇸	Exodus Movement, Inc EXOD	₿ 628	$40M	$145M	$***M	.*******	—	—	—	*.%	0.003%
33	🇺🇸	Alliance Resource Partners, L.P. ARLP	₿ 618	$39M	$3,133M	$,**M	—	—	—	—	.%	0.003%
34	🇺🇸	Core Scientific CORZ	₿ 547	$35M	$7,679M	$,**M	.*******	—	—	—	.%	0.003%
35	🇺🇸	Figure Technology Solutions, Inc FIGR	₿ 527	$33M	$5,968M	$,**M	—	—	—	—	.%	0.003%
36	🇺🇸	Virtu Financial, Inc. VIRT	₿ 410	$26M	$10,230M	$,*M	—	$**M	.*x	—	.%	0.002%
37	🇺🇸	Consensus Mining & Seigniorage CMSG	₿ 350	$22M	$61M	$*M	.*******	$**M	.*x	—	*.%	0.002%
38	🇺🇸	LM Funding America LMFA	₿ 334	$21M	$1M	$*M	.*******	—	—	—	***.%	0.002%
39	🇺🇸	Angel Studios, Inc. ANGX	₿ 303	$19M	$502M	$***M	—	—	—	—	.%	0.001%
40	🇺🇸	BitMine Immersion Technologies, Inc. BMNR	₿ 204	$13M	$8,404M	$,**M	—	—	—	—	.%	0.001%
41	🇺🇸	Fold Holdings Inc. FLD	₿ 192	$12M	$21M	$**M	.*******	—	—	—	*.%	0.001%
42	🇺🇸	FRMO Corp. FRMO	₿ 159	$10M	$316M	$***M	.*******	$*M	.*x	—	.%	0.001%
43	🇺🇸	Horizon Kinetics Holding Corp HKHC	₿ 132	$8M	$522M	$***M	—	$*M	.*x	—	.%	0.001%
44	🇺🇸	Bitcoin Depot BTM	₿ 108	$7M	$11M	$**M	—	$**M	.*x	—	*.%	0.001%
45	🇺🇸	Winland Holdings Corporation WELX	₿ 83	$5M	$11M	$*M	—	$*M	.*x	—	*.%	0.000%
46	🇺🇸	Circle Internet Group, Inc. CRCL	₿ 73	$5M	$14,657M	$,*M	—	$*M	.*x	—	.%	0.000%
47	🇺🇸	Thumzup Media Corporation TZUP	₿ 46	$3M	—	—	—	—	—	—		0.000%
48	🇺🇸	Robin Energy RBNE	₿ 44	$3M	$5M	$*M	—	$*M	.*x	—	*.%	0.000%
49	🇺🇸	LiveOne Inc LVO	₿ 43	$3M	$71M	$**M	—	—	—	—	.%	0.000%
50	🇺🇸	Sphere 3D ANY	₿ 23	$1M	$15M	$*M	—	—	—	—	.%	0.000%
51	🇺🇸	Investview, Inc. INVU	₿ 20	$1M	$50M	$**M	—	$*M	.*x	—	.%	0.000%
52	🇺🇸	BIT Mining Limited BTCM	₿ 19	$1M	—	—	—	$*M	.*x	—		0.000%
53	🇺🇸	CDT Equity Inc CDT	₿ 18	$1M	$2M	$*M	—	$*M	.*x	—	*.%	0.000%
54	🇺🇸	Athena Bitcoin Global ABIT	₿ 17	$1M	$14M	$**M	—	—	—	—	.%	0.000%
55	🇺🇸	iPower inc IPW	₿ 15	$1M	$1M	$*M	—	$*M	.*x	—	*.%	0.000%
56	🇺🇸	TeraWulf WULF	₿ 15	$1M	$11,806M	$,*M	—	—	—	—	.%	0.000%
57	🇺🇸	Vida Global Inc. VIDA	₿ 12	$1M	$23M	$**M	—	$*M	.*x	—	.%	0.000%
58	🇺🇸	Lixte Biotechnology Holdings Inc LIXT	₿ 11	$1M	$129M	—	—	$*M	.*x	—	.%	0.000%
59	🇺🇸	OneMedNet Corp. ONMD	₿ 10	$1M	$43M	$**M	—	$*M	.*x	—	.%	0.000%
60	🇺🇸	Farmhouse Inc FMHS	₿ 9	$1M	$4M	$*M	—	$*M	.*x	—	*.%	0.000%
61	🇺🇸	Where Food Comes From, INC WFCF	₿ 7	$0M	$65M	$**M	—	$*M	.*x	—	.%	0.000%
62	🇺🇸	Unitronix Corp UTRX	₿ 6	$0M	$1M	$*M	—	$*M	.*x	—	*.%	0.000%
63	🇺🇸	Coin Citadel CCTL	₿ 4	$0M	$0M	$*M	—	—	—	—	*.%	0.000%
64	🇺🇸	Argo Blockchain PLC ARBK	₿ 3	$0M	$48M	$**M	—	—	—	—	.%	0.000%
65	🇺🇸	GameStop Corp. GME	₿ 1	$0M	$9,823M	$,**M	.*******	—	—	—	.%	0.000%
66	🇺🇸	Phunware Inc PHUN	₿ .8	$0M	$42M	$-**M	—	—	—	—	.%	0.000%
67	🇺🇸	Reliance Global Group, Inc RELI	₿ .3	$0M	—	—	—	$*M	.*x	—		0.000%
68	🇺🇸	ATIF Holdings Ltd ZBAI	₿ .2	$0M	—	$*M	—	—	—	—		0.000%
69	🇺🇸	Bit Digital, Inc. BTBT	₿ 0	$0M	$548M	$***M	—	—	—	—		0.000%
70	🇺🇸	BTCS Inc. BTCS	₿ 0	$0M	$53M	$***M	—	—	—	—		0.000%
71	🇺🇸	Semler Scientific SMLR	₿ 0	$0M	$0M	—	—	—	—	—		0.000%
72	🇺🇸	K Wave Media KWM	₿ 0	$0M	$9M	$,*M	—	—	—	—		0.000%
		Total:	1,162,987	$73,504M								5.538%