Wall Street Is Building A $2.4 Trillion Bitcoin Market

Lance Vitanza covers Strategy and Strive for TD Cowen, one of the few sell-side analysts putting formal ratings on Bitcoin treasury companies. He argues that what's being built on top of these balance sheets is far larger than the balance sheets themselves: $800 billion of Bitcoin collateral could support trillions in digital credit.

Solana Treasury Holdings by Public Companies and Institutions

Companies and institutions holding SOL as a treasury asset, ranked by reported holdings.

SOL in Treasuries

17.443M

$1.35B

Entities Tracked

16

SOL Price

$77.32

Asset Dominance

0.47%
BTC 94.2% ETH 5.1% SOL .47% BNB .14% XRP .12%

Companies Ranked by SOL Holdings

#
Company BitcoinTreasuries logo
Source
1 🇺🇸 Forward Industries, Inc.
7,013,536
$542.25M
Link
2 🇺🇸 Upexi Inc. UPXI
2,361,931
$182.61M
Link
3 🇺🇸 DeFi Development Corp DFDV
2,294,576
$177.41M
Link
4 🇺🇸 Solana Company
2,200,000
$170.09M
$500.00M
Link
5 🇺🇸 Sharps Technology, Inc.
2,009,494
$155.36M
Link
6 🇦🇪 Phoenix Group PLC PHX
587,282
$45.41M
Link
7 🇨🇦 SOL Strategies HODL
460,017
$35.57M
Link
8 🇺🇸 BitGo Holdings, Inc. BTGO
318,375
$24.62M
Link
9 🇺🇸 Classover Holdings Inc. KIDZ
59,413.7
$4.59M
Link
10 🇺🇸 BIT Mining Limited BTCM
34,712
$2.68M
Link
11 🇨🇦 Neptune Digital Assets NDA
24,888
$1.92M
Link
12 🇦🇺 DigitalX DCC
20,467.4
$1.58M
Link
13 🇺🇸 Exodus Movement, Inc EXOD
17,749
$1.37M
Link
14 🇹🇭 The Brooker Group BTC
15,380.2
$1.19M
Link
15 🇨🇦 DeFi Technologies DEFI
14,375
$1.11M
Link
16 🇸🇬 Lion Group Holding LGHL
11,002
$850,619.63
Link
17 🇨🇦 Torrent Capital Ltd. TORR
0
$0.00
Link
18 🇨🇦 DevvStream DEVS
0
$0.00
Link
Total:
17,443,198
$1.35B