Public Companies Continue to Increase Bitcoin Holdings in Q2
Public companies are buying more Bitcoin, and the second quarter of the year saw the biggest jump in corporate accumulation yet.
According to Bitwise’s Q2 2025 report, public companies now hold a total of 847,000 Bitcoin (BTC), a 23.3% increase from the previous quarter. This surge in holdings represents 4.03% of Bitcoin’s total 21 million supply, marking a significant portion now sitting on corporate balance sheets.
At current prices, the Bitcoin stash is valued at roughly $91 billion. Based on an average price of $107,754, this marks a 60.9% increase compared to Q1.
Record-Breaking Quarterly Increase
The increase in Bitcoin holdings was bolstered by the purchase of 159,107 BTC in Q2 alone, marking the biggest quarterly increase on record. This surge in acquisition came from both new entrants and aggressive buying by existing holders, leading to the number of public companies with Bitcoin rising from 79 to 125 in just three months.
The addition of 46 new companies represents a 58% jump from Q1, with notable entities like Twenty One investing around $450 million into Bitcoin to become the third-largest corporate holder with a stash of 37,230 BTC.
Another new entrant, GameStop, made its first-ever BTC purchase of 4,710 BTC, signaling a shift in its corporate strategy towards digital assets.
Aggressive Buying by Existing Holders
Some of the largest purchases in Q2 came from existing holders like Strategy, led by Michael Saylor, which added over 69,000 BTC to its holdings. With a total of 697,325 BTC, the company is sitting on an estimated $14 billion in unrealized gains.
Similarly, Japan’s ‘Strategy’ Metaplanet continued its aggressive accumulation, now holding 15,550 BTC and leading Tokyo trading volumes in Q2, surpassing established firms like Toyota and Sony in market activity.
In addition, firms like Trump Media announced plans to raise $2.5 billion, with intentions to allocate the funds towards large-scale Bitcoin accumulation.
Mainstream Adoption of Bitcoin in Corporate Finance
The surge in Bitcoin acquisition by public companies signifies the asset’s transition from retail to mainstream corporate finance, solidifying its position as a permanent fixture on many balance sheets. BTC is currently trading at $111,115, up 2% in the past 24 hours, after recently reaching an all-time high just below $112,000.