The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-15 · read 2026-10-16 04:01 UTC
Indicators › Size and leverage › Corporate bitcoin holdings as a share of supply

Corporate bitcoin holdings as a share of supply

holdings-share

Q2c. The share of spendable bitcoin held by the issuers in the registry, from their filings: steps at filing dates, and holdings, not collateral (no lien). Descriptive, not an index.

Latest reading
0.0472
2026-10-14 · derived · from 6 of 6 venues
Unitsratio
Computed at2026-10-14
Historyserved

Methodology descriptive · CX1 Q2c

What it measures. The bitcoin held by the issuers in the registry, from their filings, as a share of all spendable bitcoin.

Read with care. It moves in steps at filing dates, on the totals the filings state. Purchases filed between those totals are shown separately, on each issuer's page, as derived points, and are not counted here. Holdings are not collateral: there is no lien, so it is shown apart from the secured market.

Sample. One credit cycle, from 2022-09-19, so it is observational. A descriptive series: not an index, not a forecast and not a signal. Every published version is kept and can be read as known on any date (as_known_on).

History

Issuers' holdings as a share of spendable supply

From the issuers' filings: steps at filing dates. Holdings, not collateral. From 2022-09-19, one credit cycle; weekly (Mondays) plus the latest day.

2026-10-14Issuers in the registry 0.0472 6 of 6 venues
00.020.040.06ratio2023202420252026
Issuers in the registry

Mondays are drawn here; every day is in the explorer. Open in the explorer →

What this cannot be read as

Holdings of the issuers in the registry, from their filings: the series moves in steps at filing dates, and purchases between filings are not read. Holdings are not collateral: no lien. Supply is spendable supply at the end of the snapshot's UTC day (chain.cohort.supply_btc): OP_RETURN outputs, the genesis coinbase and the two BIP30-overwritten coinbases are excluded, so it sits a little below issued supply. Observational: one credit cycle, from 2022-09-19.

https://www.bitcoincreditstack.com/indicators/holdings-share

Full payload

Every field as the API serves it
idholdings-share
nameCorporate bitcoin holdings as a share of supply
measureCX-Q2c
questionWhat share of all spendable bitcoin do the issuers in the registry hold, from their filings? Holdings, not collateral: there is no lien.
headlinecx.class.corporate.holdings_share_of_supply
sourceDerived in the vintage store: credit_tree ÷ chain_series
series
1 entries
[
  {
    "series_id": "cx.class.corporate.holdings_share_of_supply",
    "date": "2026-10-14",
    "value": 0.047161104232503,
    "unit": "ratio",
    "kind": "derived",
    "coverage": {
      "in": 6,
      "of": 6
    },
    "limitation": "Holdings of the issuers in the registry, from their filings: the series moves in steps at filing dates, and purchases between filings are not read. Holdings are not collateral: no lien. Supply is spendable supply at the end of the snapshot's UTC day (chain.cohort.supply_btc): OP_RETURN outputs, the genesis coinbase and the two BIP30-overwritten coinbases are excluded, so it sits a little below issued supply. Observational: one credit cycle, from 2022-09-19.",
    "vintage_id": "cx@2026-10-15T08:15:00.588Z"
  }
]
methodology
urlhttps://www.bitcoincreditstack.com/indicators/holdings-share
noteChanges to how a measure is derived are recorded in the runbook and every published version is kept (as_known_on).
sampleOne credit cycle, from 2022-09-19: observational. Descriptive, not a forecast or a signal, and not an index.

Where this comes from

REST
GET https://api.bitcoincreditstack.com/v1/market/measure/holdings-share
MCP
get_indicator({ id: "holdings-share" })
get_indicator({ id: "holdings-share", include_history: true })
get_series({ ids: ["cx.class.corporate.holdings_share_of_supply"] })

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