Odaily News According to the latest data from HODL15Capital, as of September 1, 2024, Beijing time, BlackRock's IBIT has become the world's largest institutional Bitcoin holder, holding 357,509 Bitcoins. MicroStrategy surpassed Grayscale's GBTC (225,671 Bitcoins) with 226,500 Bitcoins, and jumped to second place. Fidelity's FBTC ETF ranked fourth with 178,349 Bitcoins, and stablecoin giant Tether ranked fifth with 75,354 Bitcoins. Other major institutional holders include ARK Invest/21 Shares' ARKB (37,147 Bitcoins) and Bitcoin mining company Marathon Digital (25,000 Bitcoins). It is worth noting that MicroStrategy announced its transformation into a "Bitcoin Development Company" earlier this year and was the largest known institutional holder before the emergence of Bitcoin ETFs.