A community-maintained list of Bitcoin treasuries and treasury-like entities that have publicly evidenced Lightning Network deployments.
This list focuses on real Lightning usage and capital deployment, not marketing claims.
⚡ Active on Lightning
Live Lightning deployment in use for treasury operations (routing/yield, liquidity leasing, payments, etc).
⏳ In progress
Publicly announced Lightning deployment that is not yet live.
🟡 Signaling / infrastructure only
Operates LN nodes, channels, or provides liquidity, but Lightning is not yet used for core treasury operations.
🔴 Not active
No Lightning deployment at the moment.
💩 Explicitly against Lightning
Publicly stated opposition to deploying Lightning.
❓ Unknown
No reliable public information available. Contributions welcome.
| Entity | Type | Country | Lightning Use | Custody Model | Stack | Status | Proof | Operational Detail |
|---|---|---|---|---|---|---|---|---|
- Entity – Company, fund, or organization name
- Type – Public company, Private company, Fund, Custodian, Miner, Infrastructure provider
- Lightning Use – settlement, payments, routing/yield, liquidity leasing, internal transfers
- Custody Model – self-custody, custodian-managed, node-provider-managed, hybrid
- Stack – LND, Core Lightning, LDK, Eclair, Greenlight, Unknown
- Status – See definitions above
- Proof – Primary source (official blog, docs, filing, dashboard)
- Operational Detail – public node, internal-only, provider-hosted, undisclosed (optional)
- Edit this
README.md. - Add or update a row in the table.
- Ensure:
- Proof links to a primary source.
- Status reflects the current operational state.
- No private, leaked, or sensitive infrastructure details are included.
- Open a pull request.
In scope
- Entities holding BTC at treasury scale
- Public companies, private companies, funds, custodians, miners
- Infrastructure providers acting as treasuries
Out of scope
- Retail wallets
- Merchants using Lightning only for checkout
- Speculative or unverifiable claims