BlackRock just became the world’s biggest known Bitcoin holder
According to on-chain data from CryptoQuant reviewed on August 22, 2025, IBIT’s holdings have surged to approximately 781,160 BTC
BlackRock has cemented its dominance in the digital asset market, with its iShares Bitcoin Trust (IBIT) overtaking the reserves of major exchanges to become the largest known holder of Bitcoin globally.
A seismic shift in the cryptocurrency landscape, as demand pivots from retail-led exchange accumulation to regulated, institutional-grade financial products.
According to on-chain data from CryptoQuant reviewed on August 22, 2025, IBIT’s holdings have surged to approximately 781,160 BTC.
This positions the ETF well ahead of Coinbase, which holds around 703,110 BTC, and Binance, with roughly 558,070 BTC. Only Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is believed to control a larger stash, with an estimated 1.1 million BTC untouched since the network’s early days.
