Ten listed companies now hold more than 1 million BTC combined, according to treasury-tracking data, with Strategy the dominant holder among a group whose accumulation has turned public-company balance sheets into a meaningful concentration point for the Bitcoin market. The first 10 ranked public companies on BitcoinTreasuries sum to 1,091,718 BTC, a total that clears the 1 million BTC mark on its own. That figure represents about 86.4% of all Bitcoin held by public companies tracked in the dataset. For related coverage, see Forma to Shut Down Forma Chain and Migrate NFTs to Ethereum L1.