Crypto

Bitcoin Price History

Monthly BTC close in USD on a log scale, Jan 2018 to Apr 2026, with dashed lines marking the two halvings, FTX, the spot ETF, the Trump election, and 2025 US policy milestones.
Updated at 2026-05-31

Bitcoin Dominance Over Time

Bitcoin's market cap as a share of total crypto market cap, quarter-end (58.6% in May 2026). A clean risk-on / risk-off proxy: it falls during altseason.
Updated at May 2026

Spot Bitcoin ETF AUM by Issuer

Total spot BTC ETF AUM crossed $100B in the 28 months since the January 2024 launch. BlackRock IBIT is dominant at roughly 70% of total AUM. Grayscale's converted GBTC continues to lose share to lower-fee competitors (1.50% fee vs 0.15-0.25% across the rest).
Total AUM across all 11 issuers$104.6B
Updated at May 2026

Spot BTC ETF AUM by Issuer (Monthly Trajectory)

Month-end spot BTC ETF assets under management by issuer, from the January 2024 launch through May 2026. BlackRock's IBIT reached roughly $70B, the fastest ETF growth on record.
Updated at 2026-05-31

Public Company BTC Treasuries

Top public-company corporate Bitcoin holders, ranked by BTC count. Strategy (MSTR) alone is roughly 80% of the tracked total. Sovereign holders are tracked separately.
Total BTC held by tracked public companies1,069,591 BTC ($84.87B)
RankCompanyTickerBTCUSD valueLast disclosure
1πŸ‡ΊπŸ‡ΈStrategyMSTR818,869$64.98B2026-05-11
2πŸ‡ΊπŸ‡ΈTwenty One CapitalXXI43,514$3.45B2026-05-12
3πŸ‡―πŸ‡΅Metaplanet3350.T40,177$3.19B2026-03-31
4πŸ‡ΊπŸ‡ΈMARA HoldingsMARA35,303$2.80B2026-05-12
5πŸ‡ΊπŸ‡ΈBitcoin Standard Treasury CoBSTR30,021$2.38B2026-05-12
6πŸ‡ΊπŸ‡ΈBullishBLSH24,300$1.93B2026-05-12
7πŸ‡ΊπŸ‡ΈRiot PlatformsRIOT15,680$1.24B2026-05-01
8πŸ‡ΊπŸ‡ΈHut 8HUT13,696$1.09B2026-05-06
9πŸ‡ΊπŸ‡ΈCleanSparkCLSK13,561$1.08B2026-04-30
10πŸ‡ΊπŸ‡ΈStrive (Semler combined)STRV12,798$1.02B2026-01-13
11πŸ‡ΊπŸ‡ΈTeslaTSLA11,509$913M2026-04-22
12πŸ‡ΊπŸ‡ΈBlockXYZ8,997$714M2026-04-28
13πŸ‡¨πŸ‡¦BitfarmsBITF1,166$93M2026-04-30
Updated at 2026-05-31

Strategy (MSTR) Accumulation

Cumulative BTC held by Strategy (MSTR) at quarter-end since its first treasury buy in Aug 2020. The Q4 2024 inflection is the convertible-debt-funded acceleration.
Updated at May 2026

BTC Treasury Company Average Cost Basis (Quarterly)

Average dollar cost per BTC across major treasury accumulators, against a BTC spot reference line, showing how DCA timing spreads cost basis.
Updated at 2026-05-31

BTC Treasury Funding Stack (Annual)

Annual capital raised by BTC-treasury accumulators (MSTR, Metaplanet, Twenty One) broken down by instrument: converts, equity, preferred, bonds, and warrants.
Updated at 2026-05-31

Spot BTC ETF Cumulative Net Flows

Cumulative net flows across all 11 US spot Bitcoin ETFs since the Jan 2024 launch. Peaked near $60B in Oct 2025 before the first sustained outflow period in Q1 2026.
Updated at 2026-05-31

Spot ETH ETF Cumulative Net Flows

Cumulative net flows into US spot Ethereum ETFs since the July 2024 launch, $B. Early negative readings reflect Grayscale ETHE redemptions; staked-ETH approvals later steepened the trajectory.
Updated at 2026-05-31

BTC Supply and Issuance Schedule

Bitcoin's block subsidy halves every 210,000 blocks (~4 years). Epoch 4 pays 3.125 BTC/block; supply approaches the 21M cap around year 2140.

Current epoch

Epoch 4

Current subsidy

3.125 BTC / block

% of cap mined

94.5%

Remaining to mine

1.15M BTC

EpochSubsidyStartEndSupply at endStatus
Epoch 050 BTC2009-01-032012-11-2810.50MComplete
Epoch 125 BTC2012-11-282016-07-0915.75MComplete
Epoch 212.5 BTC2016-07-092020-05-1118.38MComplete
Epoch 36.25 BTC2020-05-112024-04-1919.69MComplete
Epoch 43.125 BTC2024-04-192028-Q2 (est)20.34MCurrent
Epoch 51.5625 BTC2028-Q2 (est)2032-Q2 (est)20.67MFuture
Epoch 60.7813 BTC2032-Q2 (est)2036-Q2 (est)20.84MFuture
Epoch 70.3906 BTC2036-Q2 (est)2040-Q2 (est)20.92MFuture
Epoch 80.1953 BTC2040-Q2 (est)2044-Q2 (est)20.96MFuture
Terminal (year ~2140)21.00M21M cap
Updated at 2026-05-31

US Strategic Bitcoin Reserve and Sovereign Holdings

Sovereign and government crypto holdings: the US Strategic Bitcoin Reserve and Digital Asset Stockpile (from forfeitures, no taxpayer buys), plus Bhutan and El Salvador.

Policy Timeline

  1. 2021-09-07Legal TenderEl Salvador adopts BTC as legal tender
  2. 2024-04-15DisclosureBhutan discloses sovereign mining-derived BTC holdings
  3. 2025-01-23RegulatorSEC rescinds SAB 121 via SAB 122 (banks can custody crypto)
  4. 2025-03-06EOTrump EO 14233: Strategic Bitcoin Reserve + Digital Asset Stockpile
  5. 2025-07-18LawGENIUS Act signed (federal stablecoin framework)
  6. 2025-11-15DisclosureCzech National Bank runs $1M BTC + stablecoin + tokenized deposit test portfolio
  7. 2025-12-19DisclosureBhutan announces 10,000 BTC pledge to Gelephu Mindfulness City
  8. 2026-04-29DisclosureCNB Governor Michl publicly endorses BTC reserves at Bitcoin 2026 Las Vegas

Sovereign and Government Holdings

πŸ‡ΊπŸ‡ΈUS Strategic Bitcoin Reserve

Last update: 2026-02-15

DOJ forfeitures (Silk Road, Bitfinex hack); audit pending public release328,372 BTC

Revenue-neutral: no taxpayer-funded purchases. Reserve maintained from forfeitures only per EO 14233. Treasury audit publication is overdue as of May 2026.

πŸ‡ΊπŸ‡ΈUS Digital Asset Stockpile

Last update: 2026-02-15

DOJ forfeitures (estimate; agencies still completing audit)38,000 ETH
DOJ forfeitures (estimate)250,000 SOL
DOJ forfeitures (estimate)18.5M XRP
DOJ forfeitures (estimate)21.5M ADA

Held separately from the BTC reserve under EO 14233. No active accumulation policy; assets retained for potential sale or operational use. Individual asset counts remain estimates pending public audit.

πŸ‡§πŸ‡ΉRoyal Government of Bhutan

Last update: 2026-05-12

Druk Holdings hydropower mining since ~2019. Peaked at 13,295 BTC October 2024; sold roughly 76 percent through May 2026 to fund Gelephu Mindfulness City.3,119 BTC

Active liquidation phase. King Jigme Khesar Namgyel Wangchuck pledged up to 10,000 BTC toward Gelephu Mindfulness City in December 2025. Mining activity has reportedly slowed or stopped post-halving.

πŸ‡ΈπŸ‡»El Salvador

Last update: 2026-05-11

Daily 1 BTC DCA since 2021; legal tender adoption7,647 BTC

Daily 1 BTC purchase strategy continues (no longer dollar-pegged). Reserve held in cold storage at BCR (Banco Central de Reserva). Holdings in substantial unrealized profit; Bukele maintains no-sale stance.

πŸ‡¨πŸ‡ΏCzech National Bank (exploratory)

Last update: 2026-04-29

Test portfolio only ($1M total across BTC, stablecoin, tokenized deposit) inside CNB Lab; not in official reserves0 BTC

Governor Ales Michl publicly endorsed BTC for reserves (Bitcoin 2026 Las Vegas, April 29). CNB internal analysis found a 1 percent BTC allocation would improve risk-adjusted returns. Bank Board has not authorized reserve allocation; only the $1M Lab test portfolio exists.

Updated at 2026-05-31

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Crypto - Bitcoin | Sterling