Bitcoin News Today: Bitcoin's Corporate Adoption Could Rewrite the Rules of Finance

Public companies holding Bitcoin have reached a notable milestone, with cumulative holdings surpassing 1 million coins, signaling increased institutional acceptance of the cryptocurrency. Among these companies, Strategy Inc., previously known as MicroStrategy, has emerged as a leading player in the corporate Bitcoin acquisition trend. The firm, led by CEO Michael Saylor, holds approximately $70 billion worth of Bitcoin on its balance sheet, driven by aggressive capital raising and strategic Bitcoin purchases. As of the latest quarter, Strategy reported a $14 billion unrealized gain, fulfilling profitability criteria for potential inclusion in the S&P 500 index [1].

The prospect of Strategy’s inclusion in the S&P 500 has sparked discussions among analysts and investors. According to an analysis by Stephens Inc., if the firm were to be added to the index, passive funds would likely purchase around 50 million shares, valued at approximately $16 billion at current prices. This would represent institutional validation of Saylor’s Bitcoin-centric strategy, which has historically faced criticism for being speculative. The firm’s inclusion would also indirectly expose large institutional investors, such as pension funds, to Bitcoin exposure without direct ownership [1].

The S&P 500 inclusion criteria emphasize liquidity, profitability, and market capitalization. Strategy has met these standards and more, with a float-adjusted liquidity ratio that ranks among the highest of all potential candidates for the next quarterly rebalance. The firm is currently listed among 26 potential entrants, including companies such as AppLovin Corp., Robinhood Markets Inc., and Carvana Co. Its inclusion would reflect the index committee’s acknowledgment of the expanding footprint of the digital asset class, especially after recent additions like Coinbase Global Inc. and Block Inc. [1].

Meanwhile, Twenty One Capital, another major corporate Bitcoin holder, is also making headlines. The firm, formed in 2025 through a merger with Cantor Equity Partners, started with over 42,000 BTC and has since grown to a pro-forma enterprise value of $3.6 billion. CEO Jack Mallers has set a goal to expand holdings to about 43,500 BTC while keeping the average purchase price near $87,280 per coin. The company aims to be more than a Bitcoin treasury firm, with plans to develop financial products and services centered around the cryptocurrency [2].

Mallers has made bold projections for Bitcoin’s future, suggesting it could grow to a $500 trillion market cap. This figure would imply a price of around $25.11 million per coin, based on the current circulating supply of approximately 19.91 million tokens. While this forecast exceeds Michael Saylor’s predictions, it reflects growing confidence in Bitcoin’s potential as a global store of value. Mallers also highlighted the need for a company that bridges the gap between exchanges and corporate treasuries, a space he believes Twenty One Capital is uniquely positioned to fill [2].

The broader trend of public companies accumulating Bitcoin highlights the cryptocurrency’s increasing role in corporate finance. As more firms explore Bitcoin as a strategic asset, the total holdings continue to climb, with companies like Strategy and Twenty One Capital leading the charge. This trend not only reflects institutional confidence in Bitcoin but also signals a shift in how corporations manage their treasuries in an evolving financial landscape [1].

Source:

[1] Bitcoin Faithful Bet on Saylor's Strategy Being Added to S&P 500 (https://finance.yahoo.com/news/bitcoin-faithful-bet-saylor-strategy-143009749.html)

[2] Twenty One Capital CEO Jack Mallers Sees Bitcoin ... (https://thecryptobasic.com/2025/09/01/twenty-one-capital-ceo-jack-mallers-sees-bitcoin-reaching-a-500-trillion-market-cap/)