Bitcoin Treasuries Now Hold in Excess of 1 Million BTC Amidst Rising Adoption

Bitcoin’s status as a reserve currency continues to grow as the BTC held on the balance sheet of public companies has now exceeded 1 million. In the last 30 days, 21 new entities bought Bitcoin, moving the total number of public companies holding the asset to over 184.

Public Bitcoin Holding Soars To New High

Corporate ownership of Bitcoin has just hit a significant milestone, as the holdings of public companies have exceeded 1 million BTC. According to data made available by BitcoinTreasuries.NET, public companies now hold a total of 1,000,698 BTC, valued at approximately $111 billion. 

This milestone highlights a rising trend of taking up Bitcoin as a treasury asset, with an increasing number of listed companies, miners, and new acquisition companies engaging in it. Many of these companies have been massively purchasing Bitcoin over the last year to capitalize on Bitcoin’s steady price growth.

The trend of holding large reserves began with miners like MARA Holdings. However, corporate adoption began to receive publicity in 2020 when Michael Saylor’ Strategy became the first public company to adopt a Bitcoin balance sheet strategy.

A combination of Bitcoin’s growing popularity, the profits Strategy made, regulatory breakthroughs, and more has forced other public companies to join the trend. There are currently 186 public companies holding Bitcoin, with Strategy leading the way, holding 636,505 BTC and MARA in second place with 52,477 BTC.

Institutional Acquisition of Bitcoin is Still in Its Infancy

We reported earlier that institutions are now buying Bitcoin at a rate 4x more than what miners are able to produce daily in 2025. Despite the rapid purchases of Bitcoin among institutions, BitcoinTreasuries President Pete Rizzo has said that the adoption of Bitcoin among these entities is still in its infancy.

He elaborated on the fact that the majority of big Bitcoin treasury firms are only beginning to implement strategies geared towards long-term accumulation. As Bitcoin continues to outperform fiat currencies and other traditional assets globally, more public companies are expected to begin buying and holding Bitcoin.

Bitcoin Acquisition is Now a Global Trend

Although many of the top corporate entities with Bitcoin on their balance sheets are based in the United States (109 companies), there has been a rising trend of companies from across the globe buying Bitcoin.

For example, there are 34 companies in Canada holding Bitcoin and 11 each in the United Kingdom and Hong Kong. In addition, firms are emerging in Bahrain, Japan, Mexico, and South Africa, joining the Bitcoin accumulation trend. Overall, there are more than 120 entities that now hold Bitcoin in other countries.

Despite the large holdings of public entities, they are not the largest Bitcoin holders overall. Exchanges and ETF issuers together control about 1.62 million BTC. Governments possess 526,363 BTC, and global private companies collectively hold 295,015 BTC. 

Another 242,866 BTC are locked in protocols, and about 16.2 million BTC are in the hands of individual holders using their own keys. The current acquisition spree could ignite a supply shock and lead to HODLing among institutional and retail investors. When it gets to that stage, analysts have predicted that the Bitcoin price will take a huge leap forward.