BlackRock Surpasses Binance and Strategy as Third-Largest Bitcoin Holder

BlackRock now ranks as the world’s third-largest Bitcoin holder with approximately 764,000 BTC, according to Arkham data. The firm has moved ahead of Binance’s roughly 670,000 BTC and Strategy’s adjusted direct holdings. Strategy still reports a total of 847,000 BTC, though 184,000 of those sit with Fidelity Custody and are not attributed directly to Strategy under Arkham’s methodology. BlackRock trails only Satoshi Nakamoto (1,096,000 BTC) and Coinbase (970,000 BTC). The development highlights growing institutional concentration rather than new accumulation.