Corporate Bitcoin Hoarding Hits New High: 51 Companies Stack BTC in First Half of 2025

Wall Street meets digital gold rush as publicly traded firms gobble up Bitcoin at record pace.

The big picture: Forget 'HODL'—blue chips are treating BTC like a strategic reserve asset. MicroStrategy’s playbook just got 51 new chapters.

By the numbers: Halfway through 2025, corporate treasuries added enough Bitcoin to make early crypto adopters weep into their cold wallets. No ETFs needed—these firms want the real thing on their balance sheets.

Why it matters: When CFOs start apeing into crypto, either the revolution is over… or just getting started. (Cue eye-roll from gold bugs and bank analysts still waiting for that 'inevitable collapse.')

The kicker: Somewhere in a boardroom, a VP just explained 'self-custody' to auditors using finger puppets. Progress comes in strange packages.

• Corporate Bitcoin treasuries hit 51 new companies in the 1st half of 2025, showing rapid adoption.
• MicroStrategy leads with 597,325 BTC, while most new entrants average just 500 BTC each.
• Company stock prices now often mirror Bitcoin’s moves, giving investors indirect crypto exposure.

CryptoQuant is an analytical platform that reported a skyrocketing of the adoption of Bitcoin among corporations in 2025. The number of companies that have already added Bitcoin to their corporate treasuries is 51 in the first half of the year. This trend indicates that an increasing number of businesses consider Bitcoin a fundamental asset. This increased interest demonstrates the faith in its capability to diversify risk and meet the changing needs in the market.

The corporate participation in bitcoin has been rising year-by-year since 2020. In 2020, there were only 6 companies that began to hold Bitcoin. This increased gradually to 7 in 2021, then shot up to 21 in the year 2022. In 2023, 15 new corporate treasuries were introduced; In 2024, 37 new corporate treasuries appeared. The trend is up, with 51 firms having joined it by the halfway point of 2025.

Source: X

Bitcoin Treasuries Grow, Yet Few Lead

The total amount of BTC currently in the possession of corporations around the world now amounts to 848,902.2 BTC. Nevertheless, there is scarcely any extensive holdings. There are only nine companies which have more than 10,000 BTC in their hands. The largest share is taken by micro strategy. The company possesses a remarkable 597,325 BTC and continues to be the elusive one among publicly traded corporations.

Most new entry possess way less. The number of firms who made Bitcoin their treasury has increased to 86 in the last two years. These companies on average hold only 500 BTC a company. Companies that began after 2023 can own more than 5,000 BTC today only in two cases, which indicates that it is difficult to quickly develop significant positions in the competitive environment.

Exceptional businesses WOULD be Metaplanet and Twenty One (XXI). TwentyOne (XXI) has been taking 37,230 BTC. Metaplanet Japan possesses 12,897 BTC, and it has been purchasing intensively since January 2025. It has made 21 investments in purchasing BTC this year so far. Both Metaplanet and Twenty One are now the largest non-MicroStrategy players.

Source: X

New Titans Fuel Bitcoin Momentum

The stock market is also experiencing the same trend of Bitcoin adoption. Investors are considering these companies as their Bitcoin exposure means without investing in crypto. Metaplanet and several other companies that hold BTC in their reserves are experiencing similar patterns in their stocks increasing or reducing in value in response to MicroStrategy. This implies that mainstream investors are speculating with equities as a proxy way of riding on the rise of BTC.

The leader, MicroStrategy, demonstrates a direct relationship between the size of its ownership in BTC and its stock price. The relationship has been becoming more evident year by year. This pattern is currently being demonstrated by a number of other companies, although the statistics of new entrants is quite scarce, as a large number of them have just recently started to hold BTC.

The prices of company shares increase and decrease, as does the price of the BTC. This has seen certain companies become attractive to those who have an interest in exposure to BTC in their conventional portfolios. These shares seem a handy stepping stone to the VIRTUAL asset world to numerous investors.

The fact that the momentum behind corporate BTC treasuries is continuing to build can only support the idea that the border between online assets and stocks is becoming obscure. The interconnection between BTC and traditional finance might further fester as more companies take the same trend. This would raise the rank of BTC as a globally-recognized asset in the finance sector.

The data provided by CryptoQuant indicates that the current generation of businesses has a profound transformation in relation to its approach to treasury management. As businesses continue searching diversification and resilience, the use of BTC in the corporate strategy will only continue to increase through the year 2025 and even beyond.