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The STRC Flywheel Is Working (How Saylor BROKE Private Credit)

STRC is setting MASSIVE records this week. Michael Saylor bought 18,000 Bitcoin, 30% funded by STRC. At the same time, Strive quietly dropped $50M into STRC on their balance sheet, and the 20 millionth Bitcoin was mined. This is one of the most consequential weeks in Bitcoin treasury history, and we're breaking all of it down.

DeFi and Similar Entities

DeFi protocols and other on-chain entities holding Bitcoin.

BTC Held by DeFi and Other

383,471

$28.45B

Number of DeFi and Other

16

BTC Price

$74,188

Asset Dominance

94.9%
BTC 94.9% ETH 4.4% SOL .42% BNB .13% XRP .19%

DeFi Protocols Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1
125,330
$9,298M
0.597%
2
87,668
$6,504M
0.417%
3
65,301
$4,845M
0.311%
4
34,808
$2,582M
0.166%
5
12,755
$946M
0.061%
6
11,780
$874M
0.056%
7
10,930
$811M
0.052%
8 🇻🇬
6,997
$519M
0.033%
9
5,941
$441M
0.028%
10
5,057
$375M
0.024%
11 🇺🇸
4,370
$324M
0.021%
12
4,340
$322M
0.021%
13
4,156
$308M
0.020%
14
2,696
$200M
0.013%
15
829
$62M
0.004%
16
513
$38M
0.002%
Total:
383,471
$28,449M
1.826%

Other Digital Assets Tracked

Distribution of Bitcoin Over Time

This chart shows the distribution of Bitcoin over time for all tracked entity groups.

Current Bitcoin Distribution

Visual representation of the Bitcoin supply, showing the distribution among all tracked entities.

Bitcoin Treasuries Treemap ChartVisualization of Bitcoin holdings across different types of entities. Size represents relative BTC holdings amount.Public CompaniesPrivate CompaniesETFs & FundsGovernment EntitiesDeFiStrategy761,068 BTCMARA Holdings, Inc.53,822 BTCTwenty One Capital43,514 BTCMetaplanet Inc.35,102 BTCBitcoin Standard T…30,021 BTCBullish24,300 BTCRiot Platforms, In…18,005 BTCCoinbase Global, I…15,389 BTCHut 8 Mining Corp13,696 BTCCleanSpark, Inc.13,363 BTCStrive13,311 BTCTesla, Inc.11,509 BTCTrump Media & Tech…9,542 BTCBlock, Inc.8,883 BTCGD Culture Group7,500 BTCGalaxy Digital Hol…6,894 BTCAmerican Bitcoin C…6,500 BTCNext Technology Ho…5,833 BTCProCap Financial5,457 BTCNakamoto Inc5,398 BTCGameStop Corp.4,710 BTCBoyaa Interactive …4,091 BTCEmpery Digital4,081 BTCGemini Space Stati…4,002 BTCOranjeBTC3,723 BTCBitcoin Group SE3,605 BTCCango Inc3,313 BTCCapital B2,844 BTCThe Smarter Web Co…2,695 BTCCore Scientific2,537 BTCDeFi Technologies2,452 BTCMicrocloud Hologram2,353 BTCHIVE Digital Techn…2,201 BTCDDC Enterprise Lim…2,183 BTCSequans Communicat…2,139 BTCBitFuFu Inc.1,830 BTCBitfarms Ltd.1,827 BTCCanaan Inc.1,793 BTCNEXON Co., Ltd.1,717 BTCCipher Mining1,500 BTCAnap Holdings Inc.1,417 BTCRemixpoint1,411 BTCTreasury1,111 BTCH100 Group1,051 BTCZOOZ Power1,036 BTCKULR Technology Gr…1,021 BTCFold Holdings Inc.1,005 BTCNano Labs1,000 BTCUSBC, Inc.1,000 BTCMing Shing Group833 BTCYueda Digital Hold…819 BTCSOS Limited803 BTCFigma Inc767 BTCConvano Inc763 BTCBitcoin Treasury C…762 BTCAker ASA754 BTCCIMG Inc730 BTCSatsuma Technology620 BTCHyperscale Data617 BTCExodus Movement, I…610 BTCMéliuz605 BTCMercadoLibre, Inc. 570 BTCbitmax551 BTCAlliance Resource …541 BTCSamara Asset Group540 BTCFigure Technology …527 BTCPhoenix Group PLC514 BTCDigitalX504 BTCPrenetics502 BTC3U Holding AG427 BTCNeptune Digital As…417 BTCDMG Blockchain Sol…414 BTCVirtu Financial, I…410 BTCLM Funding America356 BTCNet Holding A.S.352 BTCConsensus Mining &…346 BTCAngel Studios, Inc.303 BTCPOP Culture Group …300 BTCBitplanet300 BTCS-Science296 BTCThe9 Limited285 BTCLQWD Technologies …253 BTCCoinshares Interna…236 BTCWEMADE223 BTCRumble Inc.211 BTCVanadi Coffee, SA209 BTCParataxis Korea200 BTCBitMine193 BTCCoinsilium182 BTCMatador Technologie…175 BTCBitcoin Treasury C…166 BTCThe Brooker Group165 BTCB HODL162 BTCFRMO Corp.159 BTCSixty-Six Capital …149 BTCBTCS S.A.143 BTCK33 AB141 BTCVaultz Capital135 BTCHorizon Kinetics H…132 BTCMac House125 BTCBitcoin Depot 108 BTCNeowiz holdings104 BTCJiuzi Holdings Inc100 BTCPhoenix Digital As…99 BTCLion Group Holding88 BTCK Wave Media88 BTCGenius Group84 BTCBelgravia Hartford …83 BTCWinland Holdings C…81 BTCGumi Inc80 BTCLondon Bitcoin Com…80 BTCYUXING78 BTCRSXYZ PCL75 BTCBitcoin Well Inc69 BTCBIGG Digital Asset…68 BTCSBC Medical Group …66 BTCACE Digital59 BTCATAI Life Sciences N.V.58 BTCCathedra Bitcoin Inc.53 BTCXCE-Connecting Excellenc…52 BTCMogo Inc.50 BTCLinekong Interacti…44 BTCRobin Energy44 BTCLiveOne Inc43 BTCMoon Inc42 BTCWonderFi40 BTCSATO Technologies …36 BTCStack BTC Plc31 BTCCrypto Blockchain Indus…31 BTCaifinyo AG31 BTCValue Creation Co., Ltd.30 BTCAsiaStrategy30 BTCLib Work30 BTCFragbite Group29 BTCPlanet Ventures In…29 BTCBD Multimedia27 BTCGoodfood Market Co…25 BTCAI Fusion Capital Group Co…25 BTCKontrol Technologi…24 BTCSphere 3D23 BTCDevvStream22 BTCJetking Infotrain …21 BTCMurano Global Inve…21 BTCInvestview, Inc.20 BTCHamak Gold20 BTCFalconedge19 BTCThumzup Media Corporation19 BTCBIT Mining Limited19 BTCCDT Equity Inc18 BTCMBK18 BTCDigihost Technology Inc.17 BTCAthena Bitcoin Glo…17 BTCNorwegian Block Ex…16 BTCTeraWulf15 BTCBlock.one164,000 BTCTether Holdings Li…96,184 BTCStone Ridge Holdin…10,000 BTCSpaceX8,285 BTCThe Tezos Foundati…2,903 BTCIonic Digital Inc.2,662 BTCZap Solutions, Inc…1,500 BTCGIGA Inc.1,252 BTCMelanion Digital342 BTCSteak 'n Shake162 BTCMeanwhile Incorpor…123 BTCEvertz Pharma100 BTCRoxom Global98 BTCReal Bedford FC Ltd83 BTCCircle Internet Gr…73 BTCRelai30 BTCStacking Sats Inc27 BTCSayNode Operations AG15 BTCBitcoin Association Switze…15 BTCOccams Advisory Inc15 BTCJAN312 BTCiShares Bitcoin Trust777,871 BTCFidelity Wise Origin Bitcoin Fund187,813 BTCGrayscale Bitcoin Trust156,278 BTCGrayscale Bitcoin …51,473 BTCARK 21Shares Bitco…45,245 BTCBitwise Bitcoin ETF38,920 BTCCoinShares Physica…20,297 BTCCoinShares Bitcoin…20,085 BTCPurpose Bitcoin ETF19,769 BTCWisdomTree Physica…17,449 BTCVanEck Bitcoin Tru…17,019 BTCFidelity Advantage…12,680 BTCiShares Bitcoin ETP12,163 BTCBitwise Physical Bi…11,427 BTCCI Galaxy Bitcoin …11,272 BTCVanEck Bitcoin ETN8,549 BTCBitwise 10 Crypto …8,530 BTC21Shares Bitcoin E…8,525 BTCCoinShares Valkyri…5,937 BTCGrayscale Digital …5,715 BTCHashdex Nasdaq Cry…5,584 BTC3iQ The Bitcoin Fu…5,373 BTCFranklin Bitcoin E…5,155 BTCCI Galaxy Bitcoin …4,999 BTCInvesco Galaxy Bit…4,990 BTCWisdomTree Bitcoin…3,746 BTCInvesco Physical B…3,640 BTCEvolve Bitcoin ETF2,558 BTC3iQ Bitcoin ETF2,481 BTCChinaAMC Bitcoin E…2,399 BTCOsprey Bitcoin Tru…1,912 BTCBosera HashKey Bit…1,725 BTCHashdex Nasdaq Bit…1,545 BTCGlobal X 21Shares …1,487 BTCETF QR Asset1,240 BTCMonochrome Bitcoin …1,218 BTCHarvest Bitcoin Sp…995 BTCBitwise Core Bitco…530 BTCDDA Physical Bitco…214 BTCIncrementum Digita…197 BTCHashdex Bitcoin ETF120 BTC21Shares Bitcoin a…78 BTCUnited States328,372 BTCChina190,000 BTCUnited Kingdom61,245 BTCUkraine (holdings …46,351 BTCEl Salvador7,592 BTCUnited Arab Emirat…6,420 BTCBhutan5,425 BTCKazakhstan3,544 BTCNorth Korea803 BTCVenezuela240 BTCTaiwan210 BTCFinland90 BTCWrapped BTC125,330 BTCcbBTC87,668 BTCBTCB65,301 BTCCasascius Coins34,808 BTCSolv Protocol Bitc…12,755 BTCLombard Protocol (…11,780 BTCFunction (FBTC)10,930 BTCAvalon Labs6,997 BTCThreshold Bitcoin5,941 BTCLightning Network …5,057 BTCsBTC4,370 BTCLiquid4,340 BTCAvalanche Bridged …4,156 BTCRootstock2,696 BTCTzBTC829 BTCzBTC (Zeus Network)513 BTCXapo38,931 BTCMt. Gox34,504 BTCRiver25,180 BTCBitMEX15,432 BTC