Bitcoin Ownership Pyramid Highlights Wealth Concentration in 2025
- Ownership reflects significant concentration among major holders.
- 76.83% of wallets hold less than $1,000 in BTC.
- Institutional and government ownership affects market supply.

Bitcoin’s ownership pyramid reveals that 76.83% of wallets hold under $1,000 worth of BTC, according to data confirmed on November 2025. Institutional players and government entities hold larger shares, significantly impacting market dynamics.
Research illustrates Bitcoin’s ownership pyramid underscores wealth concentration among a small number of wallets, potentially impacting liquidity and market strategy.
Analysis of Ownership and Market Impact
The BTC ownership data highlights a dramatic concentration, with only 1.95% of wallets holding over $100,000. Larger holdings by governments and institutions add to wealth inequality concerns. Major holders include Satoshi Nakamoto and MicroStrategy among others, who hold significant BTC shares.
Increase in Institutional Involvement
Institutional involvement is on the rise, driven by hedge fund allocations through Bitcoin ETFs. Market impacts due to large wallet movements could potentially affect volatility, but Satoshi’s holdings remain untouched, reducing immediate supply shocks.
Financial Implications
The financial implications of concentrated ownership include potential volatility and market supply constraints, while political and social aspects focus on wealth disparity. “We found that only a relatively small proportion of households held cryptocurrency and an even smaller proportion held a large quantity.” – St. Louis Fed Research, 2025 Report. Developer sentiment remains cautiously optimistic due to continued decentralization in Bitcoin’s core development processes.
Historical Trends and Future Prospects
Historical trends indicate institutional purchases and ETF launches significantly boosted public interest. Potential future impacts include changes in regulatory landscapes and technological advancements in blockchain security and scalability.