Compare treasury holdings of Treasury A and Treasury B

Choose institutional holders from our database, then open a detailed holdings comparison.

Select two treasuries above to compare holdings side by side.

Top treasuries by holdings

Quick picks from the largest indexed holders.

Frequently asked questions

Common questions about treasury comparisons.

What is a crypto treasury?

A crypto treasury is cryptocurrency held on a balance sheet—often Bitcoin or other digital assets—by a company, fund, government, or similar entity as a reserve or long-term position.

Why do institutions hold digital assets?

Motivations vary: diversification, inflation hedging, treasury management, or alignment with a crypto-related business model. Holdings are not uniform across entities and can change with policy and markets.

Who can appear in this treasury list?

The database includes publicly known institutional and corporate holders where disclosures or reliable sourcing allow aggregation. Coverage depends on reporting quality and timeliness.

How are treasury holdings tracked?

Figures are compiled from public filings, earnings materials, official announcements, and—in some cases—on-chain analytics. Numbers can lag real balances when disclosures are periodic.

What is the difference between BTC amount and USD value?

BTC (or other coin) quantity is an amount of coins. USD value multiplies that quantity by market price at a point in time. Price moves change USD value even when coin count is unchanged.

Is every wallet balance verified on-chain?

Not always. Some entities publish addresses or proofs; others report only totals. Treat figures as best-effort aggregates from disclosed sources unless a specific proof is cited.

How is total holdings value calculated?

Reported coin amounts are valued using prevailing market prices to produce a current USD (or equivalent) figure. This is mark-to-market style, not historical cost basis.

What do “combined” or indexed totals mean on this page?

Snapshot cards may sum holdings across entities in the indexed set. They illustrate scale on this page, not the entire global market.

How should I compare two treasuries?

Select two entities to see holdings and values side by side. Consider entity type, reporting date, and whether figures are equity-accounted or fully disclosed when interpreting differences.