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Bitcoin Holdings Explode Among Public Firms
According to a recent report by Bitwise, publicly traded companies have significantly increased their Bitcoin holdings during the first quarter of 2025. This surge in corporate adoption has led to a substantial growth in the total amount of BTC held by these firms.
As per the data provided by Bitwise, the total number of public companies holding Bitcoin rose to 79 by the end of March, with an additional 12 new entrants joining the list during this period. The report highlights that the combined balance sheet value of these publicly traded companies has skyrocketed to a staggering $56.7 billion, based on an average price per unit of $82,445.
One notable addition to the list was Ming Shing, a Hong Kong-based construction company. It acquired 833 BTC through its subsidiary Lead Benefit in two separate transactions during January and February. Another new entrant, Rumble, purchased 188 BTC in March.
Metaplanet, a Japanese company, made significant waves by announcing on April 14 the purchase of an additional 319 BTC at an average price of $82,770. This acquisition further boosted its reserves to 4,525 BTC, with a market value estimated at approximately $383.2 million. As a result, Metaplanet has now secured the tenth position among the largest public Bitcoin holders.
The report highlights that this surge in corporate interest is reflective of their desire to diversify their assets and incorporate Bitcoin as part of their strategic reserves. The data suggests a clear intention on the part of these companies to adopt BTC within their asset portfolios.
This increase in institutional investment could have significant implications for the broader market, potentially driving up prices and fueling further growth. As more and more publicly traded companies continue to invest in Bitcoin, it is likely that this trend will continue in the coming months.
Source: https://crypto-economy.com/bitcoin-holdings-explode-among-public-firms/
