DAT Public BTC
BTC held by publicly traded companies
| Property | Value |
|---|---|
| Category | Digital Asset Treasuries |
| Unit | BTC |
| Resolution | 1d |
| Assets | BTC |
| Tier | Basic |
| API Endpoint | GET /v1/dat/aggregate |
| Field | public_company_btc |
Overview
DAT Public BTC tracks the total Bitcoin held by publicly traded companies. These are entities listed on stock exchanges (NYSE, NASDAQ, TSE, etc.) that have adopted Bitcoin as a treasury reserve asset.
Public companies represent the largest institutional holder category by BTC volume. The top holders include major public companies that have adopted Bitcoin as a core treasury asset.
Interpretation
- Concentration risk: A small number of large holders dominate this category. Changes in this metric can be heavily influenced by a single entity's purchases or sales.
- Growing beyond MSTR: If this metric grows faster than Strategy's individual accumulation, it signals broader public company adoption.
- Sector diversification: Originally concentrated in tech/mining companies, now spreading to financial services, energy, and international firms.
- Stock market proxy: Public company BTC holdings create a direct link between Bitcoin exposure and equity markets via stocks like MSTR, MARA, COIN.
Use Cases
- Equity-crypto correlation: Analyze how public company BTC strategies affect their stock prices and vice versa.
- MSTR concentration risk: Monitor Strategy's dominance within this category.
- Sector analysis: Track which industries are adopting Bitcoin treasury strategies.
- Regulatory impact: Public companies face SEC disclosure requirements, making their holdings the most transparent category.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/dat/aggregate?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- DAT BTC Holdings — Total BTC held by institutions, governments, and other entities
- DAT Private BTC — BTC held by private companies
- DAT Government BTC — BTC held by national governments