Institutional Bitcoin Boom: Public Companies Now Hoard 933K+ BTC as Wall Street Warms to Crypto
Wall Street's digital gold rush hits hyperdrive—public firms now control enough Bitcoin to crash exchanges if they ever sell. Not that they will.
The corporate Bitcoin vaults are overflowing
Forget ETFs and futures—the real institutional action is happening on balance sheets. Nearly a million BTC now sits in corporate treasuries, turning publicly traded companies into the whales retail traders love to hate.
When 'hold' becomes a business strategy
These aren't your crypto bro's moonbags—we're talking cold, calculated allocations from firms that still think blockchain is something you fix with WD-40. The irony? Traditional finance spent years dismissing Bitcoin before deciding maybe digital scarcity beats printing presses after all.
The custody conundrum
With great Bitcoin comes great responsibility—and existential dread about private keys. Nothing quite like watching a Fortune 500 CFO sweat over seed phrases to make crypto natives feel vindicated.
As institutions pile in, one question remains: When the suits own all the Bitcoin, does it still count as rebellion? (Asking for every hedge fund manager currently long 'decentralization'.)

- Public companies hold over 933,000 BTC worth $108.93B, showing strong institutional interest.
- Strategy (MSTR) dominates with 628,791 BTC, nearly two-thirds of public company Bitcoin holdings.
- Corporate Bitcoin reserves total 4.44% of supply, highlighting growing institutional accumulation.
Publicly traded companies have increased their Bitcoin holdings, expanding the role of cryptocurrency in traditional financial markets. According to data released by Phoenix Group on August 8, 2025, these firms collectively hold 933,591 Bitcoins.
Valued at around $108.93 billion, this amount represents a large institutional presence in the Bitcoin ecosystem. The combined holdings come from 126 different companies, showing growing corporate participation in digital asset investment.
BITCOIN HOLDINGS BY PUBLIC COMPANIES
Public companies continue to expand their bitcoin holdings, solidifying cryptocurrency's role in traditional financial markets. With industry leaders like #Strategy holding substantial amounts, the total $BTC reserved by these firms now… pic.twitter.com/7njINkboML
Strategy (MSTR) leads public companies in Bitcoin reserves by a wide margin, holding 628,791 Bitcoins. This stake alone represents nearly two-thirds of all Bitcoin held by public firms and is valued at approximately $73.36 billion.
Following the Strategy, Marathon Digital Holdings (MARA) ranks second with 50,639 Bitcoins. This holding is worth about $5.91 billion but remains smaller than Strategy’s position. Other large holders include Twenty One Capital (XXI) with 37,229 Bitcoins ($4.34 billion), Bullish (BLSH) with 24,340 Bitcoins ($2.84 billion), and Riot Platforms (RIOT) with 19,273 Bitcoins ($2.25 billion).
Additional Notable Bitcoin Holdings Among Public Firms
The top ten list continues with companies such as Metaplanet (3350), which holds 17,595 Bitcoins valued at $2.05 billion; Galaxy Digital Holdings (BRPHF), which has 12,830 Bitcoins ($1.50 billion); CleanSpark (CLSK), which has 12,608 Bitcoins ($1.47 billion); Bitcoin Group SE (BTGGF), which has 12,387 Bitcoins ($1.45 billion); and Coinbase Global, Inc. (COIN), which holds 11,776 Bitcoins worth $1.34 billion.
The total Bitcoin holdings of public companies amount to approximately 4.44% of the entire Bitcoin supply. This large share shows a strong trend of institutional accumulation. The expansion of Bitcoin reserves by publicly traded companies points to an expanding financial market. These holdings show that corporate entities are actively allocating capital to Bitcoin as part of their broader asset management strategies.