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 releasesStrategy 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 →
Strive priced its SATS preferred IPO: 7,000,000 shares at $90, upsized from 5,000,000, for about $630M gross 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 → The Largest Bitcoin-Backed Preferred Stock Launches →
September producer prices rose 1.3% on the month and 6.3% over 12 months, the largest monthly rise since March 2022 BLS PPI release
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