Corporate Bitcoin Adoption Soars: 125 Public Companies Now Hold BTC

Corporate adoption of Bitcoin is gaining significant momentum, according to Bitwise Asset Management’s latest Q2 2025 report.

A total of 125 public companies now hold Bitcoin on their balance sheets, up from 79 in the previous quarter—a 58.23% increase. These firms collectively own 847,000 BTC, which accounts for 4.03% of the total Bitcoin supply.

The combined value of these holdings stands at $91 billion, reflecting a 60.93% quarter-over-quarter surge, driven in part by Bitcoin’s price averaging $107,754 during the quarter.

Top five corporate holders and record quarterly purchases

The second quarter saw 159,107 BTC added to corporate treasuries. Leading the charge is Strategy (formerly MicroStrategy), which added 69,000 BTC and now holds 597,325 BTC. MARA Holdings ranks second with 49,940 BTC, followed by newly launched Twenty One with 37,230 BTC.

Riot Platforms and Japan’s Metaplanet round out the top five with 19,273 BTC and 13,350 BTC, respectively. Notably, Metaplanet has become a dominant force in Tokyo’s trading landscape, surpassing even local giants like Toyota and Sony in market activity.

New entrants signal broadening institutional interest

Q2 also marked the debut of several major players. GameStop executed its first Bitcoin purchase, acquiring 4,710 BTC, while Twenty One raised $865 million and immediately allocated $450 million to Bitcoin.

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Trump Media filed plans to raise $2.5 billion for BTC accumulation. Bitwise highlighted that, despite the growth, corporate adoption remains “early stage.” With over 50,000 public companies globally and only 125 currently holding Bitcoin, the trend appears to be just beginning.

As regulatory clarity improves and digital assets gain credibility as treasury alternatives, more institutions are likely to follow suit—potentially transforming corporate finance norms in the years ahead.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.