Corporate Bitcoin Holdings Surge 16.1% in Q1 2025

Publicly listed companies significantly increased their Bitcoin holdings in the first quarter of 2025, marking a notable shift in corporate investment strategies. These firms collectively boosted their Bitcoin holdings by 16.1%, reaching a total of 688,000 BTC by the end of March. This surge was driven by the addition of 95,431 BTC during the quarter, reflecting a growing interest in digital assets among corporate treasuries.

At a reference price of $82,445 per coin, the value of these holdings amounted to $56.7 billion. This increase occurred against a backdrop of relatively stable Bitcoin prices, with the cryptocurrency trading close to $85,263 in mid-April. The data confirmed that 79 public firms were holding Bitcoin as of the end of the first quarter.

The first quarter of 2025 saw a dozen publicly listed firms introduce Bitcoin to their corporate treasuries for the first time. Leading this group was Lead Benefit, a subsidiary of a construction company, which made two separate purchases—acquiring 500 BTC in January and an additional 333 BTC in February, bringing its total to 833 BTC. Other new entrants included a video platform, which acquired 188 BTC in mid-March, and a holding company, which purchased a single Bitcoin in February. The latter's stock price nearly doubled in one trading session following the disclosure, highlighting the market's positive response to such investments.

Japanese investment firm Metaplanet also made significant strides in its Bitcoin holdings. In April, the firm added 319 BTC to its portfolio, bringing its total ownership to 4,525 BTC. The latest purchase was made at an average price of roughly $82,770 per coin, valuing the firm’s holdings at approximately $383.2 million. To date, Metaplanet has spent about $406 million on its Bitcoin acquisitions, placing it in the tenth spot globally among public firms holding the asset.

The steady increase in corporate Bitcoin holdings in the first quarter suggests that more public firms may continue to view digital assets as part of their broader financial strategy. This trend is becoming less about speculation and more about long-term positioning, as companies increasingly integrate Bitcoin into their capital allocation plans. The relatively stable price performance of Bitcoin, despite broader market uncertainties, further supports this shift towards digital assets as a viable investment option for corporations.