Corporate Giants Are Hoarding Bitcoin – Here’s the Staggering Scale of Their Accumulation
Wall Street’s playing catch-up—and their FOMO is stacking sats by the pallet-load.
The new whales in the room
Public companies now hold enough BTC to trigger a supply shock—if they ever stop HODLing. Treasury strategies look downright medieval compared to these balance sheet maneuvers.
When 'risky' becomes 'reserve asset'
Boardrooms that mocked crypto five years ago now race to convert cash reserves into hard-capped digital gold. The CFOs who waited? Stuck explaining inflationary exposure to shareholders.
The institutional domino effect
Each corporate Bitcoin purchase pressures competitors to follow suit—creating a self-fulfilling adoption spiral. Traditional finance never saw the hedge coming.
Funny how 'volatile' assets gain stability when BlackRock starts custodial paperwork. The real number? Enough to make goldbugs sweat.
Public Companies Embrace Bitcoin Strategy
Bitcoin has evolved from a mere digital asset to a highly sought-after mainstream asset in the cryptocurrency and financial sectors. Presently, BTC is taking over the spotlight as many well-known publicly traded companies have shown significant interest in the flagship asset.
What was previously the purview of early adopters and tech-savvy investors is now being adopted by corporate giants in an effort to gain a strategic advantage in the rapidly changing financial world. Brian Harrod of The Harrod Report has taken to the X platform to outline the number of public companies holding BTC in large chunks.
In the X post, Harrod shared a report from Bitwise, a leading asset manager, which shows that publicly traded companies that have now added BTC to their holdings have reached a total of 125. This growing wave of institutional adoption reflects a robust conviction in the crypto king, as businesses view BTC not just as a speculative asset, but a hedge against inflation and global printing.
Data shows that these prominent corporate firms have accumulated a cumulative supply of 847,000 BTC, valued at approximately $91 billion at current price levels. The significant accumulation of these companies underscores the expanding role of institutions in the broader market.
BTC’s price has responded notably to the ongoing development, surging to a new all-time high. According to Harrod, analysts believe that this rising demand among corporate giants, coupled with a more transparent regulatory environment, has been the main driver of BTC’s latest leg up. However, they also warned that the sharp price movements still present hazards for novice investors.
With many companies adding bitcoin to their balance sheets, the flagship asset’s price and its market value have increased sharply, surpassing that of Amazon. BTC is now ranked the fifth-largest asset behind Gold, NVIDIA, Apple, and Microsoft, in the world by market cap after dethroning Amazon.
Strategy Still Leading The Charge
The chart shows that Michael Saylor’s Strategy is still leading the charge, followed by MARA Holdings, Twenty One, Riot Platforms, and Mateplanet. Strategy’s position at the top underscores the company’s unwavering trust in Bitcoin’s long-term prospects.
Michael Saylor, the co-founder of Strategy, recently reemphasized his belief in BTC in a recent post on X. According to the chairman, the only thing better than Bitcoin in the past five years is more Bitcoin.
His audacious Bitcoin wager has turned out to be one of the most successful investments of the last five years. Saylor highlighted that the firm’s stock has seen a 3,588% return since adopting a BTC standard in 2020.
