Who Really Owns Bitcoin? Research Uncovers Surprising Majority

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Financial services firm River has published a “Bitcoin Ownership Distribution” snapshot dated July 14, 2025, illustrating how the 21 million bitcoin supply is allocated across distinct holder classes. River accompanied the graphic with the statement: “The people had 15 years to front-run Wall Street on Bitcoin. Now big business is starting to catch on, but they’ll have to pay up to get their share.” Analyst TFTC added: “67% of Bitcoin is still owned by individuals. Wall Street, governments, and ...