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Who owns Bitcoin? Inside the $2 trillion digital asset
The total asset value of Bitcoin is typically measured by its market capitalization. As of July 1, 2025, Bitcoin’s market cap stands at approximately $2.109 trillion. Who holds Bitcoin’s value? Bitcoin’s $2 trillion market capitalization is distributed across a wide and diverse range of holders. While not “invested” in the traditional sense — like capital deployed into stocks or physical assets — Bitcoin’s value reflects the collective market worth of all coins in circulation. Instead, it reflects the total value of all Bitcoins in circulation, based on market price. Here’s a breakdown of who holds ... (full story)
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