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CURATED AND ANNOTATED

Businesses already own 8% of all bitcoin

River's October 2026 look at business bitcoin holdings, 2026 buying, and a survey of its business customers.

BY @parachutesBTC · 5 Nov 2026
businessestreasuryadoptionriver
Preview of Businesses already own 8% of all bitcoin
ORIGINAL SOURCE
Businesses already own 8% of all bitcoin
Sam Baker · River · 8 Oct 2026

KEY POINTS

  • Businesses hold about 1.64 million BTC, which the article puts at 7.8% of supply.
  • They added 193,000 BTC in 2026 so far, with spending down about two-thirds from the same point in 2025.
  • Strategy holds about 848,000 BTC, more than half of the business total.
  • The article also covers payment acceptance and a September 2026 survey of River's business clients.

River reports that businesses were the largest buyers of bitcoin again in 2026, though buying slowed sharply compared with 2025. It breaks out treasury companies, miners and large public holders, and tracks how many businesses accept bitcoin for payments.

The article closes with results from a survey of River's own business customers on how much they hold and what concerns them, with accounting and tax treatment the most common.

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Summary written by @parachutesBTC. The original belongs to River; read it for the full text, data and sources.