Who really owns bitcoin? The search for a sudden majority reveals star-news.press/wp

The Financial Services Company River published a “Bitcoin Distribution Distribution” dated July 14, 2025, showing how the offer is allocated 21 million Bitcoin through the distinctive chapters of the pregnant woman. River accompanied the drawing with the statement: “People had 15 years to Wall Street at the front on Bitcoin. Now the big companies have started sticking, but they will have to pay for their share.” “67 % of Bitcoin is still owned by individuals. Wall Street, governments, and companies? 13.8 % only.”

Who really owns bitcoin?

According to Rivers PerceptionIndividual owners are still the dominant base, control of 14.06 million BTC, or 67.0 % of the total offer. The institutional property and the state are much smaller in the total: companies represent 1.15 million BTC (5.5 %), the funds and funds circulated on the stock exchange control 1.43 million BTC (6.8 %), governments represent 314,000 BTC (1.5 %), for a community of 13.8 % via those “Wall Street Street, and companies”.

The chart varies several additional buckets. “Satoshi/Patoshi” is from 968,000 BTC – by 44 % of the show – to early mining activity (“estimated by bitmex research based on retail analysis in 2009”). The “other entities” includes 379,000 BTC (1.8 %), a classification that includes bankrupt real estate and BTC closed in Defi/Smart contracts. River also determines 1.57 million BTC (7.5 %) as the “lost Bitcoin”, an estimate based on UTXO groups, and 1.11 million BTC (5.3 %) “mining”, which represents the non -composed part of the fixed cover in Bitcoin.

Each percentage in the image summarizes a full distribution through current holders, lost metal currencies, and the remaining release. By separating the lost supply, non -confirmed metal currencies and the early Satoshi/Patoshi group about active participants in the market, data emphasizes the scarcity available for new institutional accumulation and River framing that “big business” must “pay” to gain meaningful exposure.

The last market structure enhances that message. The participation of companies and funds in 2025 accelerated with the new “Bitcoin Treasury” vehicles, the products circulated on the American Stock Exchange and companies specialized in medium budget allocations.

Government participation, although a small slice in the river methodology (314,000 BTC) is led by the United States and other judicial states that carry or manage the metal currencies that have been seized or strategically acquired. Independent followers such as Bitbo/Arkham include the largest national possession such as the United States (about 198,000 BTC), China (about 194000 BTC), UK (about 61000 BTC), Ukraine (about 46000 BTC) and Butan (slightly more than 11,000 BTC).

The differences between the total government number of the river and the third party reflect the different classification methods-some data groups include broader balances that have been seized or additional addresses that are not calculated in the narrower “governments” bucket in River. River believes that the Chinese government has only 15,000 BTC, which was recovered from the fraud in 2019.

At the time of the press, BTC was traded at $ 116,451.

Distinctive image created with Dall.e, Chart from TradingView.com

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.