How we collect and verify data

SEC Filings

8-K current reports, 13F quarterly holdings disclosures, and annual 10-K filings from public companies are monitored continuously. Each filing is reviewed and mapped to specific digital asset holdings.

On-Chain Data

For entities with publicly disclosed wallet addresses (governments, DAOs, protocol treasuries), holdings are verified directly from blockchain data using multiple independent sources.

Official Disclosures

Press releases, investor presentations, parliamentary filings, central bank statements, and official company announcements are tracked and cross-referenced against other sources before being entered.

Exchange Filings & Reports

Listed entities in international markets (Hong Kong, Tokyo, Oslo, Singapore) file holdings disclosures with their respective exchange authorities. These are monitored and incorporated.

Companies

Public and private corporations that hold crypto as treasury assets, strategic reserves, or business assets. Includes technology companies, miners, crypto-native firms, and diversified corporates.

Governments & Non-Profits

Nation-states and government bodies with documented crypto holdings (legal-tender programmes, seized-asset reserves, sovereign investment funds), plus mission-driven institutions such as non-profit foundations and endowments holding crypto.

DAOs & Protocols

Decentralised autonomous organisations and on-chain protocol treasuries where multi-sig wallet addresses are publicly known and verifiable.

Excluded: Funds & ETFs

Investment funds, ETFs, and ETPs that hold crypto on behalf of investors are excluded from all treasury calculations. These are financial products, not operational treasury holders. Grayscale GBTC, BlackRock IBIT, and similar vehicles are excluded.

Source-first

Every entry requires at least one primary source (regulatory filing, official statement, or on-chain evidence). Secondary news sources alone are not sufficient.

Timestamp accuracy

Holdings are dated to the event date (filing date, announcement date, or on-chain transaction date), not to the date we processed the data.

Pending & announced positions

Some entities have announced crypto treasury plans without completing purchases. These are tracked with a "pending" status and excluded from AUM calculations until confirmed.

Price methodology

USD values are calculated using CoinGecko market prices at the time of the event where available, or current prices for real-time AUM calculations. Historical prices use daily close snapshots.

Assets tracked

37 digital assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Litecoin (LTC), Hedera (HBAR), and 31 others. New assets are added when sufficient institutional interest is documented.

Update frequency

Holdings events are added within 24-48 hours of public disclosure. Prices update hourly. AUM snapshots are taken daily. The platform reflects the most recent verified data at all times.

Known limitations

Private company holdings that are not publicly disclosed cannot be tracked. Unreported OTC purchases or holdings in unidentified wallets are outside our scope. We only track what can be independently verified.