Bitcoin como activo de tesorería corporativa: una incursión profunda en la acumulación de más de $10.000 millones de la Estrategia en 2025

The institutionalization of Bitcoin has reached a critical inflection point in 2025, with corporate treasuries increasingly treating the asset as a strategic reserve. At the forefront of this shift is Strategy Inc. (formerly MicroStrategy), which has accumulated over 576,000 BTC-valued at $60B+-as part of a deliberate, long-term treasury strategy according to business analysis. This aggressive accumulation, alongside broader institutional adoption, underscores Bitcoin's growing role as a hedge against macroeconomic uncertainty and a cornerstone of diversified corporate portfolios.

The Rise of Bitcoin as a Strategic Reserve

Bitcoin's adoption by corporations is no longer a niche phenomenon. Public companies alone now hold over 725,000 BTC, a 135% increase from 2024 according to industry data. This surge is driven by a confluence of factors: regulatory clarity (e.g., U.S. SEC approval of spot Bitcoin ETFs in 2024 according to research), persistent inflationary pressures, and the asset's perceived scarcity. For instance, the U.S. Federal Housing Finance Agency's June 2025 decision to allow Bitcoin as collateral in federal mortgage applications has expanded its utility in traditional finance, further legitimizing its role as a reserve asset.

Strategy's accumulation exemplifies this trend. The company's 2025 purchases of 223,800 BTC demonstrated a strategic commitment-adding to its existing holdings-reflect a conviction that Bitcoin offers superior long-term value retention compared to fiat currencies. This strategy is echoed by new entrants like Davis Commodities and Mercurity Fintech, which have adopted Bitcoin as a reserve asset amid global economic volatility according to market analysis.

Institutional Buying and Market Dynamics

The strategic implications of high-volume institutional Bitcoin buying are profound. By mid-2025, Bitcoin's market capitalization had reached $1.65 trillion, representing 65% of the global crypto asset market according to market reports. This dominance is fueled by institutional inflows: over $12.5 billion flowed into corporate and institutional Bitcoin holdings in just eight months according to institutional data. The approval of Bitcoin ETFs and the passage of the U.S. GENIUS Act according to regulatory analysis have further reduced barriers to entry, enabling institutions to allocate capital with greater confidence.

Tether's $10B+ Bitcoin reserves according to industry research illustrate another dimension of institutional adoption. By pairing Bitcoin with U.S. Treasuries in its stablecoin backing, Tether has demonstrated how digital assets can coexist with traditional instruments to enhance liquidity and stability. This hybrid approach has attracted 500 million users globally, reinforcing Bitcoin's role as a bridge between legacy finance and decentralized systems.

Risk Management and Corporate Strategy

Critics often question Bitcoin's volatility, but 2025's corporate strategies reveal a nuanced approach to risk. Companies like the Bitcoin Treasury Corporation have implemented options trading and institutional lending programs to generate incremental Bitcoin per share (BPS) according to market analysis. These tactics mitigate downside risk while leveraging Bitcoin's upside potential. Additionally, 75% of corporate clients-many small businesses with fewer than 50 employees-allocate 22% of net income to Bitcoin, adopting a hybrid custody model that balances security with operational flexibility according to institutional reports.

Regulatory frameworks have also evolved to support these strategies. The EU's MiCA regulation and the U.S. SEC's Crypto Task Force according to regulatory updates have provided clearer guidelines for custody, anti-money laundering (AML), and stablecoin oversight. As a result, 94% of institutional investors now view blockchain technology as a long-term value proposition according to investor surveys, with 68% planning to invest in Bitcoin ETPs according to market forecasts.

The Future of Corporate Bitcoin Holdings

Looking ahead, the strategic implications of Bitcoin's institutional adoption will deepen. The 2025 data suggests a shift from speculative exposure to strategic allocation, with corporations treating Bitcoin as a core asset akin to gold or sovereign debt. This trend is likely to accelerate in 2026, as regulatory clarity expands into markets like the UK and Australia according to market analysis, and institutions diversify into other cryptocurrencies like Ethereum and Solana according to industry research.

For investors, the key takeaway is clear: Bitcoin's integration into corporate treasuries is not a passing fad but a structural shift. As Strategy's $10B+ accumulation demonstrates, the asset's role in hedging inflation, diversifying portfolios, and capturing long-term value is now firmly entrenched in institutional finance.