Here is a beautiful infographic on the Publicly Traded Companies holding BTC.
You can see the sheer size of the GRAYSCALE holding which is absolute massive and mind boggling.
With that said, CoinShares in a second is not nearly 1/4 the size in holdings.
Microstrategy which is the newest new-comer, coming in at 3rd place which got a lot of attention the past few weeks with their investment on the balance sheets.
This will be an interesting chart to come back too in a few months as I know we will have more to add!