Public Companies Add Over 95,000 BTC in Q1 as Corporate Adoption Accelerates

Public companies ramped up their Bitcoin holdings in early 2025, with total corporate reserves growing by more than 95,000 BTC in the first quarter alone, according to data shared by Bitwise.

By the end of March, these companies collectively held roughly 688,000 BTC, marking a 16.1% increase from the previous quarter.

The surge in holdings pushed the total value of Bitcoin held by public firms to approximately $56.7 billion, based on an average BTC price of $82,445. Bitwise also reported that 12 new companies added Bitcoin to their balance sheets for the first time during the quarter, bringing the total number of publicly traded firms with BTC exposure to 79.

Among the newcomers, Hong Kong-based Ming Shing stood out as the largest new buyer. Its subsidiary, Lead Benefit, acquired a total of 833 BTC in two separate purchases during January and February. Rumble, a video platform popular with right-wing audiences, also made headlines with a 188 BTC buy in March. Another unexpected entrant was HK Asia Holdings Limited, which bought just one Bitcoin in February — a move that doubled its share price in a single trading day.

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Separately, Japan’s Metaplanet continued its steady accumulation strategy. The firm disclosed on April 14 that it had purchased an additional 319 BTC at an average price of about $82,770. That brings its total holdings to 4,525 BTC, now valued at around $383.2 million. Despite spending approximately $406 million to amass its Bitcoin stack, Metaplanet’s investment is positioning it among the top corporate holders globally — currently ranked tenth, just behind Jack Dorsey’s Block, Inc.

Metaplanet’s stock edged slightly lower by midday on April 15, following a small gain the previous day. Meanwhile, Bitcoin was hovering around $84,440, up just over 2% since the end of the quarter, having bounced back from a recent dip below $75,000 that was triggered by renewed international trade tensions.

Alexander Stefanov