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DAT Holders Count

Count of entities holding BTC

PropertyValue
CategoryDigital Asset Treasuries
UnitDimensionless
Resolution1d
AssetsBTC
TierBasic
API EndpointGET /v1/dat/aggregate
Fieldtotal_companies

Overview​

DAT Holders Count tracks the number of distinct entities (public companies, private companies, governments, and other organizations) that hold Bitcoin on their balance sheets. This metric reflects the breadth of institutional Bitcoin adoption.

A growing count signals widening adoption, while a shrinking count may indicate consolidation or exits from the Bitcoin treasury strategy.

Interpretation​

  • Increasing count: More organizations are adopting Bitcoin as a treasury asset. Even small allocations by many entities signal mainstreaming.
  • Stable count with rising total BTC: Existing holders are deepening their positions — concentration is increasing.
  • Decreasing count: Some entities are exiting their Bitcoin positions. Check entity-type breakdown to understand whether public companies, private firms, or governments are leading exits.
  • Count by entity type: Use the per-entity-type metrics (DAT Public BTC, DAT Private BTC, DAT Government BTC) to see where adoption is concentrated.

Use Cases​

  • Adoption breadth: Track how many organizations globally hold Bitcoin — a measure of network effects in institutional adoption.
  • Trend analysis: A steady increase from dozens to hundreds of holders over years illustrates the institutionalization narrative.
  • Comparison with ETF holder count: Compare institutional holders vs ETF product count to understand different adoption channels.

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"