Public Companies’ Bitcoin Holdings Exceed One Million BTC

Published: 2025-09-05 05:46:24 |

Corporate Bitcoin adoption hit a milestone as public companies now hold over 1 million BTC worth $111 billion. Data from BitcoinTreasuries.NET shows 1,000,698 BTC across 64 U.S. firms and dozens more globally. Strategy leads with 636,505 BTC, followed by MARA (52,477 BTC), XXI (43,514 BTC), and other new entrants. ETF demand and equity offerings fueled a supply shock that drove Bitcoin to $124,450. With just 5.2% of supply left, further supply constraints are expected. Plans by Metaplanet and Semler Scientific aim to boost reserves by 2027. Exchanges and ETF issuers hold 1.62 million BTC, governments 517,296 BTC, private firms 295,015 BTC, and protocols 242,866 BTC, leaving 16.2 million coins with individuals. Corporate Bitcoin adoption underscores growing treasury management strategies in crypto.

Bullish

This milestone in corporate Bitcoin adoption is bullish. As public companies lock up over 1 million BTC, available supply tightens. Institutional buyers like Strategy in 2020 kicked off a rally, and new entrants reinforce market confidence. Historical parallels show that such demand shocks can trigger price surges. In the short term, continued accumulation by companies and ETFs may drive momentum above recent highs. Over the long term, growing treasury management strategies signal enduring institutional adoption, reducing circulating supply and underpinning price stability. Traders are likely to anticipate further supply constraints and adjust positions accordingly, supporting a sustained bullish outlook.