WRAPPED BITCOIN RESERVES
How much Bitcoin backs wrapped Bitcoin?
The Bitcoin behind each wrapped Bitcoin token listed here, counted by Maketo on the Bitcoin network at the reserve addresses its issuer publishes, and the total day by day.
Bitcoin on the published reserve addresses, day by day
The Bitcoin on the addresses the issuer of Wrapped Bitcoin (WBTC) publishes, counted at the close of each day since Oct 9, 2024.
Right now
116,511.99293688 BTC is on the addresses the issuer of Wrapped Bitcoin (WBTC) publishes as its reserve.
Counted by Maketo on the Bitcoin network at the close of Sep 25, 2026.
Has it changed lately?
The reserve holds about as much Bitcoin as it did thirty days ago.
The reserve grows when Bitcoin goes in to make new tokens, and shrinks when tokens are handed back and Bitcoin comes out.
Is it the issuer's own Bitcoin?
No. These coins back the tokens, which other people hold, so they are not the issuer's own savings.
That is why they are kept out of every company and government total on the treasury pages.
How do we know?
The issuer of Wrapped Bitcoin (WBTC) publishes a list of the Bitcoin addresses that hold its reserve (109 addresses). We read every coin that has ever moved in or out of those addresses on our own copy of the Bitcoin network, and add up what is on them at the end of each day.
We take the list from the issuer and nothing else. The balances the issuer prints beside it are its own word, so we count the coins ourselves.
The tokens
Wrapped Bitcoin
and the coins behind it
| Token | Bitcoin in reserve | Addresses | Counted | How we know | Address list |
|---|---|---|---|---|---|
| Wrapped Bitcoin (WBTC) | 116,511.99293688 BTC | 109 | Sep 25, 2026History from Oct 9, 2024 | chain verified | The issuer's reserve list |
The column headed How we know says how strong the evidence behind each figure is.
chain verified. We counted the coins ourselves on the Bitcoin network, at the addresses the holder publishes.
This reserve holds 116,511.99293688 BTC between its addresses. The coins back tokens other people own, so they are counted here and kept out of every company and government total.
Understanding
Wrapped Bitcoin Reserves
Where it stands today
The Bitcoin on the addresses the wrapped Bitcoin issuers on this page publish as their reserve comes to 116,511.99293688 BTC as of .
What is wrapped Bitcoin?
A token on another network that is meant to stand for one Bitcoin. New tokens are made when Bitcoin goes into the issuer's reserve, and tokens are taken back when Bitcoin comes out, so the real coins sit in the reserve while the tokens are out.
Why count the reserve?
A token is only as good as the Bitcoin behind it. If the coins on the reserve addresses fell short of the tokens out there, some tokens would have nothing behind them. So we count what is actually on the addresses rather than take the issuer's total on trust.
Why does the line move?
It rises when Bitcoin goes in for new tokens and falls when tokens are handed back. A big one-day drop can also be the issuer moving coins to an address it has not added to its published list yet. The line counts only the addresses on that list, so coins moved off it show as a drop.
Is this a Bitcoin treasury?
No. A treasury is Bitcoin a company or a government holds for itself. These coins back tokens other people hold, so they have their own page and stay out of every company and government total. How the treasury figures are put together.
The numbers
behind the chart
What does the current reading show?
Bitcoin in reserve: the latest reading is 116,511.99293688 BTC, on . The highest reading since is 148,568.40385215 BTC on ; the lowest is 116,411.59733103 BTC on .
Each reading is the Bitcoin on the published reserve addresses at the close of that day. A day with no movement carries the day before.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Bitcoin in reserve | 116,511.99293688 BTC | 148,568.40385215 BTC | 116,411.59733103 BTC |
How do the readings compare with earlier dates?
| Reference date | Bitcoin in reserve |
|---|---|
| 1 month ago | 116,512.00292978 BTC |
| 3 months ago | 116,518.09521543 BTC |
| 6 months ago | 119,144.58691047 BTC |
| 1 year ago | 127,206.16744196 BTC |
What was the reading at each month’s end?
| Reading date | Bitcoin in reserve |
|---|---|
| 116,512.00292978 BTC | |
| 116,514.34236309 BTC | |
| 116,514.34236309 BTC | |
| 116,832.96431542 BTC | |
| 118,017.43231838 BTC | |
| 119,144.58691047 BTC | |
| 120,335.32620659 BTC | |
| 125,334.19938044 BTC | |
| 125,334.19938044 BTC | |
| 125,334.19938044 BTC | |
| 127,142.52465305 BTC | |
| 127,206.16744196 BTC | |
| 126,118.7798102 BTC | |
| 127,018.53823971 BTC | |
| 129,018.53743942 BTC | |
| 128,980.61306391 BTC | |
| 128,982.66349127 BTC | |
| 129,107.2644518 BTC | |
| 129,330.18144837 BTC | |
| 129,330.18010376 BTC | |
| 132,639.40036808 BTC | |
| 140,565.44205785 BTC | |
| 145,034.73425337 BTC |
Keep exploring
Source: For each token here, its issuer's own published list of reserve addresses. The coins on them are counted by Maketo on its own copy of the Bitcoin network, at the close of each day. Reading for .