Ranking ยท as of 2026Q2
BTC Treasury Ranking
Public Bitcoin miners ranked by BTC held on the balance sheet at quarter-end.
BTC Production RankingOperational Hashrate RankingBTC Treasury RankingCash Cost per BTC RankingFleet Efficiency Ranking
Total BTC Treasury (2026Q2)
86,936
+8.0% vs prior quarter
Highest miner
MARA
35,577
Average per miner
6,209.7
+8.0% vs prior quarter
Companies reporting
14
2026Q2
Top miners by BTC Treasury ยท 2026Q2
| Label | Value |
|---|---|
| MARA | 35,577 |
| ABTC | 17,316 |
| CLSK | 13,924 |
| RIOT | 11,380 |
| KEEL | 2,261 |
| CAN | 1,915 |
| FUFU | 1,671 |
| CANG | 1,056 |
BTC Treasury quarterly trend (Top 8)
| Quarter | MARA | ABTC | CLSK | RIOT | KEEL | CAN | FUFU | CANG |
|---|---|---|---|---|---|---|---|---|
| 2024Q3 | 26747 | โ | 8049 | 10427 | โ | 1212 | 1638 | โ |
| 2024Q4 | 44893 | โ | 9952 | 17722 | โ | 1292.5 | 1720 | 933.8 |
| 2025Q1 | 47531 | โ | 11869 | 19223 | โ | 1408 | 1835 | 2474.8 |
| 2025Q2 | 49951 | โ | 12608 | 19273 | โ | 1483.5 | 1792 | 3879.2 |
| 2025Q3 | 52850 | โ | 13011 | 19287 | โ | 1581.9 | 1962 | 5810 |
| 2025Q4 | 53822 | 5401 | 13099 | 18005 | โ | 1749.9 | 1778 | 7528.3 |
| 2026Q1 | 35303 | 7021 | 13561 | 15680 | 2469 | 1808 | 1794 | 1025.69 |
| 2026Q2 | 35577 | 17316 | 13924 | 11380 | 2261 | 1915 | 1671 | 1056 |
2026Q2
| # | Company | BTC Treasury | QoQ % | YoY % | BTC Production | Hashrate | Cash Cost / BTC | Efficiency | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Marathon Digital Holdings(MARA) | 35,577 | +0.8% | -28.8% | 2,422 | 57.4 EH/s | $61K | 17.3 J/TH | 2026Q2 โ |
| 2 | American Bitcoin(ABTC) | 17,316 | +146.6% | โ | 935 | 28.1 EH/s | โ | 16 J/TH | 2026Q2 โ |
| 3 | CleanSpark(CLSK) | 13,924 | +2.7% | +10.4% | 1,925 | 45 EH/s | โ | 16.07 J/TH | 2026Q23 |
| 4 | Riot Platforms(RIOT) | 11,380 | -27.4% | -41.0% | 1,587 | 37.2 EH/s | $50K | โ | 2026Q22 |
| 5 | Keel Infrastructure(KEEL) | 2,261 | -8.4% | โ | 354 | 8.6 EH/s | $93K | 19 J/TH | 2026Q22 |
| 6 | Canaan(CAN) | 1,915 | +5.9% | +29.1% | 244 | 5.57 EH/s | โ | 23.7 J/TH | 2026Q22 |
| 7 | BitFuFu(FUFU) | 1,671 | -6.9% | -6.8% | 192 | 15.3 EH/s | $59K | 17.9 J/TH | 2026Q23 |
| 8 | Cango Inc.(CANG) | 1,056 | +3.0% | -72.8% | 656 | 27.58 EH/s | $73K | โ | 2026Q22 |
| 9 | Core Scientific(CORZ) | 848 | +55.0% | -47.4% | 300 | โ | $79K | โ | 2026Q23 |
| 10 | Cipher Mining(CIFR) | 646 | -42.1% | -39.2% | 346 | 11.6 EH/s | $43K | 17.2 J/TH | 2026Q22 |
| 11 | HIVE Digital Technologies(HIVE) | 190 | +26.7% | -56.3% | 1,004 | 24 EH/s | $51K | 16.1 J/TH | 2026Q2 โ |
| 12 | Bitdeer Technologies(BTDR) | 150 | +383.9% | -90.0% | 2,694 | 80.9 EH/s | $40K | 15.8 J/TH | 2026Q23 |
| 13 | TeraWulf(WULF) | 2 | -88.9% | โ | 179 | 5.6 EH/s | $45K | 16.4 J/TH | 2026Q2 โ |
| 14 | Soluna Holdings(SLNH) | 0 | โ | โ | 23.5 | 0.598 EH/s | $41K | 23 J/TH | 2026Q23 |
Higher is better. Data sources: SEC filings, company announcements and investor materials. Snapshot built 2026-10-21.