Public Companies Now Maintain Over 688K BTC, Signaling Record Institutional Bitcoin Adoption
Bitcoin adoption by public firms has reached an all-time excessive, based on a brand new report from Bitwise. In Q1 2025, publicly traded companies now maintain a mixed over 688,000 BTC, up 16.11% quarter over quarter, representing 3.28% of Bitcoin’s mounted 21 million provide.
This company treasure trove is valued at over $57 billion, primarily based on a Bitcoin worth of $82,445, reflecting a 2.15% improve in whole worth from the earlier quarter. The variety of public firms with Bitcoin on their steadiness sheets has additionally grown to 79, a 17.91% quarterly improve, with 12 new firms becoming a member of the checklist.
Bitwise attributes the uptick in adoption to a number of key developments, most notably the Monetary Accounting Requirements Board (FASB) rule permitting firms to report Bitcoin at honest market worth. This accounting shift has eradicated a significant friction level for CFOs and boards, paving the best way for extra firms to simply undertake BTC as a reserve asset.
MicroStrategy—now rebranded as Technique—continues to guide the cost, buying $7.7 billion value of Bitcoin in Q1 and growing its whole holdings to 531,644 BTC after a further purchase of three,459 BTC value $285.8 million earlier this week.
Different notable high Bitcoin holders embody MARA Holdings (47,531 BTC), Riot Platforms (19,223 BTC), CleanSpark (11,869 BTC), and Tesla (11,509 BTC).
Japanese agency Metaplanet introduced plans to accumulate 10,000 BTC by the top of 2025, whereas Semler Scientific added 1,100+ BTC to its steadiness sheet and filed this week to boost $500 million to purchase extra. “We have reached a settlement in principle, EXCITED TO BUY MORE BTC!” posted Chairman Eric Semler on X. In a current interview with Bitcoin Journal, he added: “We own a lot of #Bitcoin and that Bitcoin appreciates. What matters most is that we create shareholder value… We’re early in accumulating Bitcoin, and we’re gonna continue to do that.”
In the meantime, GameStop is holding $1.5 billion in newly raised funds below the codename Mission Rocket to spend money on Bitcoin, including to its $4.75 billion money reserves. Although they’ve but to deploy the funds, their participation might additional gas company demand in coming quarters.
With 95,431 BTC bought in Q1 alone, the report suggests this momentum is just constructing.
