Bitcoin Treasury Holdings Surge to Record 159K BTC in Q2 2023
Corporate bitcoin Holdings Surge in Q2 2025
Record Accumulation by Companies
In the second quarter of 2025, corporate interest in bitcoin reached unprecedented levels, with firms acquiring an astounding 159,107 BTC, valued at over $17.6 billion based on current market rates. This represents a significant 23.13% increase from the previous quarter, elevating total corporate bitcoin holdings to 847,000 BTC, which constitutes approximately 4% of the total capped supply of 21 million coins, as reported by Bitwise Asset Management.
The overall value of these corporate bitcoin assets skyrocketed to $91 billion by the end of Q2, calculated using bitcoin’s closing price of $107,754—a remarkable 60.93% increase from the last quarter. Following this surge, bitcoin continued its upward trajectory, reaching a new all-time high of over $112,000 recently.
Growth in Public Companies Holding bitcoin
The number of publicly traded companies investing in bitcoin also saw a substantial rise, with 46 new entrants joining the ranks, bringing the total to 125—a 58.23% increase compared to the previous quarter.
Saylor’s Strategy Drives Accumulation
At the forefront of this bitcoin accumulation trend is Strategy, which boasts a massive reserve of 597,325 BTC. Under the leadership of bitcoin advocate Michael Saylor, the firm has effectively utilized convertible notes and at-the-market equity offerings to finance its aggressive bitcoin purchasing strategy. This accumulation has positively impacted the company’s stock performance, which has surged by 43% year-to-date, significantly outperforming the S&P 500’s modest 6.4% gain during the same timeframe. Over the past month, the stock has risen by more than 6%, and approximately 9% in the last week, according to Google Finance data.
Other Major Players in the bitcoin Space
MARA Holdings, a bitcoin mining company, ranks as the second-largest corporate bitcoin holder, with 49,940 BTC. Its shares have also appreciated by over 10% year-to-date.
New players are making significant strides in the bitcoin treasury landscape. The firm Twenty One recently launched with a capital raise of $685 million, quickly allocating over $450 million into bitcoin. In Japan, Metaplanet has emerged as a dominant force, leading Tokyo’s trading volume and surpassing established companies like Toyota and Sony, while accumulating 13,350 BTC.
In a notable move, GameStop made headlines by purchasing its first bitcoin, adding 4,710 BTC to its balance sheet, further illustrating the trend of non-crypto-native companies entering the cryptocurrency market. Additionally, Trump Media has filed to raise $2.5 billion to support further bitcoin acquisitions.
London BTC Company Secures Funding for Expansion
On Wednesday, London BTC Company, formerly known as Vinanz, announced it had raised £1.5 million (approximately $2 million) through the issuance of 11.5 million ordinary shares. The company, which operates mining facilities in the U.S. and Canada, plans to use this capital to bolster its bitcoin holdings. However, despite its aggressive accumulation strategy, the company’s stock has faced challenges, declining over 42% year-to-date and dropping more than 7% in the last 24 hours.
This article highlights the growing trend of corporate investment in bitcoin, showcasing the significant movements and strategies employed by various companies in the cryptocurrency space.
