Leaderboard · Updated every Monday
Top 10 Bitcoin Treasury Companies
Data as of · USD values at BTC = $82,020, close of 2026-10-18 (CoinGecko daily close)
- Top 10 hold
- 1,092,108
- BTC
- Net change, week
- +1,490
- BTC vs last Monday
- Top 10 value
- $89.57B
- USD at reference price
| Rank | Company | Country | BTC held | Δ week | USD value | mNAV |
|---|---|---|---|---|---|---|
| 1– | Strategy (MSTR) | US | 848,517 | +267 | $69.60B | 0.85× |
| 2– | Metaplanet (3350) | Japan | 44,000 | — | $3.61B | 0.59× |
| 3– | Twenty One Capital (XXI) | US | 43,514 | — | $3.57B | 0.55× |
| 4– | Strive (ASST) | US | 36,818 | +1,223 | $3.02B | 1.02× |
| 5– | MARA Holdings (MARA) | US | 35,577 | — | $2.92B | 1.05× |
| 6– | Bullish (BLSH) | Cayman Islands | 19,990 | — | $1.64B | 2.77× |
| 7– | SpaceX (SPCX) | US | 18,712 | — | $1.53B | n/m |
| 8– | Coinbase (COIN) | US | 17,311 | — | $1.42B | n/m |
| 9– | Trump Media & Technology Group (DJT) | US | 14,139 | — | $1.16B | 1.69× |
| 10– | CleanSpark (CLSK) | US | 13,530 | — | $1.11B | 2.03× |
Digital credit · Updated every Monday
Top Digital Credit Companies and Dividend Cover
Data as of · bitcoin treasury companies with preferred stock, the cash they hold and how many months of dividends it covers · non-USD amounts at ECB euro reference rates of 2026-10-16
- Cash held
- $5.15B
- all 4 companies
- Dividends a month
- $151.0M
- preferred stock, cash
- Dividend cover
- 15.7
- months, median company
| Rank | Company · preferred stock | Cash held | Dividends a day | Dividends a month | Dividend cover (months) |
|---|---|---|---|---|---|
| 1 | Strategy (MSTR)STRF, STRC, STRK, STRD, STRE | $4.830B Oct 18 | — | $126.4M | 38.2$126.4M/mo |
| 2 | Strive (ASST)SATA, SATS | $317.5M Oct 16 | $724.0K | $23.9M | 13.3$23.9M/mo |
| 3 | Metaplanet (3350)MERCURY (unlisted) | $6.9M Jun 30 | — | $610.1K | 11.3$610.1K/mo |
| 4 | B Treasury Capital (BTC B)BTC PREF | $297.5K Oct 13 | — | $16.4K | 18.1$16.4K/mo |
Latest
From filings and official releasesStrive declared the first SATS cash dividend: $0.8710 per share, payable Nov 9 to holders of record Nov 6 Strive 8-K
Strive’s SATS Preferred IPO, Explained: Yield by Price, mNAV and Amplification → Bitcoin-Backed Preferred Stocks by Dividend Rate and Payment Frequency →
Strive closed its offering of 7,000,000 shares of 15.00% SATS preferred; dividends accrue on a $100 stated amount Strive 8-K
Strive’s SATS Preferred IPO, Explained: Yield by Price, mNAV and Amplification → Bitcoin-Backed Preferred Stocks by Dividend Rate and Payment Frequency →
Strategy raised its digital credit securities repurchase program from $2.0 billion to $3.0 billion Strategy 8-K
How Bitcoin Treasury Companies Buy Back Their Own Preferred Stock →
Strive bought 4,045 BTC Oct 12–16 at about $82,803 each, bringing its holdings to 36,818 BTC Strive 8-K
Strategy bought 267 BTC Oct 12–18, bringing its holdings to 848,517 BTC Strategy 8-K
Strategy declared November daily STRC dividends at 12.00% a year, payable only if shareholders approve daily dividends Strategy 8-K
How Daily Preferred Dividends Work: Strategy’s STRC Proposal and Strive’s SATA → Bitcoin-Backed Preferred Stocks by Dividend Rate and Payment Frequency → Top Digital Credit Companies and Dividend Cover →
Recent posts
Browse all categories →Strategy’s STRC Preferred: The Monthly Dividend Rate, Ranked
STRC is a perpetual preferred stock, a bond-like share that pays a cash dividend, issued by Strategy to fund its bitcoin holdings. Its annual dividend rate is reset each month. This ranks 16 rate announcements, from 9.00% at launch to 12.00% now, each quoted from the company’s SEC filing.
Bitcoin on FOMC Minutes Release Days
About three weeks after each policy meeting, the Federal Reserve publishes minutes of what the FOMC discussed. This ranks the 55 release days since 2020 by the size of bitcoin’s move, rises and falls together, and quotes what each set of minutes recorded about the decision.
Bitcoin on the Days the Dollar Moved Most
The 15 largest one-day moves in the Federal Reserve’s broad dollar index since bitcoin’s daily data begins in 2014, ranked by size, with what bitcoin did on the same day. Bitcoin moved the opposite way on 8 of them.
How Spot Bitcoin ETFs Got to Market: The Dated Official Actions
A chronology of the official documents behind US spot bitcoin ETFs: SEC orders, a federal appeals court ruling and the first trading day, from the 2018 disapproval to the generic listing standards of 2025 and 2026. It lists documents, not opinions about them.
Bitcoin Treasury Companies’ Share Buyback Programs
Ten public companies that hold bitcoin also have a board-approved program to buy back their own shares. This list gives each program’s size, term and amount used, in the company’s own currency, from its latest filing. It is a catalogue, not a ranking, and not a complete one.
How Producer Price Reports Have Lined Up With Bitcoin
The Producer Price Index tracks the prices US producers receive. This post takes the 12 largest monthly moves in its headline figure since 2014, including September 2026’s +1.3%, and shows what bitcoin did on each release day.
Bitcoin on the Days of Major US Tariff Actions
Thirteen US tariff actions signed between February 2025 and August 2026, each dated and quoted from its official text, ranked by how far bitcoin moved on the signing date. Bitcoin rose on 5 of them and fell on 8.
Bitcoin on the S&P 500’s Worst Days
The 15 biggest one-day falls in the S&P 500 since bitcoin’s daily data begins in 2014, ranked by size, with what bitcoin did over the same UTC day. Bitcoin fell on 9 of them and rose on 6.
Digital CreditExplainerHow Daily Preferred Dividends Work: Strategy’s STRC Proposal and Strive’s SATA
Strive’s SATA pays a dividend every business day; Strategy wants STRC, STRF, STRK and STRD to pay for every calendar day, weekends included. How both designs work, with November 2026’s payments side by side.