Publicly traded companies now collectively hold over 1 million BTC, a significant milestone that highlights the growing adoption of Bitcoin in corporate finance. According to data from BTC Treasuries, these holdings are valued at approximately $110 billion.
The majority of this corporate-owned Bitcoin is held by Strategy (MSTR), which controls over 636,505 BTC, representing more than 63% of the total. This dominant position underscores the company’s aggressive accumulation strategy since 2020. The concentration of holdings is notable, with the top 10 firms collectively holding nearly 86% of all corporate-owned Bitcoin.
Other major corporate holders include MARA Holdings, XXI, and Bitcoin Standard Treasury. A new wave of corporate adoption was sparked in 2025 by firms like Japanese investment firm Metaplanet.
However, the recent frenzy of accumulation has cooled. Bitcoin’s price has fallen from its record high of $124,000 to below $110,000, and the stock prices of corporate holders like Strategy and Metaplanet have also experienced pullbacks. Despite the recent volatility, the article suggests that the institutionalization of Bitcoin through corporate treasuries is a long-term trend that is unlikely to reverse. The current cooling period may even set the stage for the next phase of corporate accumulation.
September 2025, Cryptoniteuae
