A handful of familiar tickers now shape how equity investorsgain exposure to Bitcoin, with fresh data from BitcoinTreasuries.net showingStrategy at the top of the public-company rankings and other well-known cryptonames clustering inside the top 10.As a result, instead of investors spreading exposure across multiple crypto-linked stocks, Strategy is starting to function like a dominant, leveraged proxy for Bitcoin on its own, effectively turning what was once a multi-stock trade into one centered on a single ticker.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!).While dozens of listed firms hold some BTC, trading flowsand market attention increasingly focus on a small group of recognizable brandsthat combine liquidity, name recognition, and large on-balance-sheet positions.BitcoinTreasuries data show Strategy in first place with815,061 BTC, far ahead of the rest of the public cohort. Below Strategy, thetop 10 list features several brands that are already central to the cryptostory for different reasons. Twenty One Capital and Japan’s Metaplanet appear as pure Bitcoin treasury names, with 43,514 BTC and 40,177 BTC respectively,positioning themselves as specialized balance‑sheet vehicles for the asset.MARAHoldings and Riot Platforms, both large miners, continue to convert a growingshare of production into long-term reserves rather than selling outputimmediately, using BTC balances as a form of self-hedging.Strategy Doubles Down on BitcoinCoinbase stands out in this group because it combines aprominent role as a trading venue with a meaningful corporate BTC position. Its15,000‑pluscoins place it inside the upper tier of public holders, but its earnings stilldepend more on trading and custody fees than mark‑to‑market gains on Bitcoin. That mixmakes Coinbase’s stock less of a pure BTC tracker and more of a broader bet oncrypto market activity.You may also like: Bitcoin Surges, Oil Slides as Trump Says Iran Has Announced Strait of Hormuz ReopeningThis week, Strategy has taken another big step in its Bitcoinstrategy, adding 34,164 BTC in a single week and lifting its total holdings to815,061 BTC. The company spent about 2.54 billion dollars on the new coins atan average price of 74,395 dollars per bitcoin, pushing its multiyearaccumulation program to a new scale.At press time, Bitcoin was changing hands around $75,700, leaving its market capitalization just above 1.5 trillion dollars and extending a period of relatively muted, range‑bound trading.The latest buying round confirms that MicroStrategycontinues to treat Bitcoin as its primary treasury asset. The company has nowspent roughly 61.56 billion dollars on BTC at an average cost of 75,527 dollarsper coin. It started building this position in 2020 and has turned the strategyinto a central part of how it presents itself to investors.Strategy Funds Fresh Bitcoin BuysMicroStrategy did not rely on existing cash to finance thenew purchases. Instead, it raised capital in the market and converted it into Bitcoin. According to the recent filing, the company generated about 2.2billion dollars from issuing perpetual preferred shares under the STRC ticker.It raised an additional 366 million dollars from common stock sales.Strategy Adds $2.54B in BTC, Holdings Exceed 815K CoinsStrategy announced it has acquired 34,164 BTC for approximately $2.54 billion at an average price of $74,395 per bitcoin, bringing its total holdings to 815,061 BTC. The total acquisition cost reaching about $61.56 billion… pic.twitter.com/ztArphu1Bs— Wu Blockchain (@WuBlockchain) April 20, 2026This approach increases MicroStrategy’s Bitcoin exposure butdilutes existing shareholders, who now own a company more closely tied to theprice of a single asset. The strategy also makes the stock behave like a leveragedway to gain Bitcoin exposure. When bitcoin rises, the scale of the holdings canamplify gains. When bitcoin falls, the same leverage works in reverse.Market reaction to the latest announcement was cautious.MicroStrategy shares traded more than 2.5 percent lower in pre‑marketdealing after the disclosure. Investors continue to weigh the potential upsideof such a large Bitcoin position against the risks of heavy dependence on avolatile asset.This article was written by Jared Kirui at www.financemagnates.com.