Bitcoin Adoption by Public Companies to Surge 25% by 2025

Blockware Intelligence, the research arm of Blockware Solutions, a Bitcoin mining company, has predicted that by the end of 2025, at least 36 more public companies will add Bitcoin to their balance sheets. This projection represents a significant increase, approximately 25%, from the current total of 141 public companies holding Bitcoin. The firm's Q3 2025 market update report highlights that this trend is just the beginning, with expectations of at least three dozen more public companies adopting Bitcoin in the next six months.

In 2025 alone, the number of publicly traded companies holding Bitcoin on their balance sheets surged by 120%. Blockware Intelligence views these "Bitcoin Treasury Companies" as a bridge connecting equity and debt markets to Bitcoin. This surge in adoption is driven by both newly established companies and those facing operational challenges, who see the simplicity and potential high returns of investing in Bitcoin.

According to data from BitcoinTreasuries.net, Michael Saylor’s strategy leads the pack with 597,325 BTC, holding approximately 12 times more than the second-largest holder, Bitcoin mining firm MARA Holdings, which has 50,000 BTC. Over the past 30 days, there has been a 2.43% uptick in Bitcoin treasury holdings. Blockware Intelligence notes that companies with struggling core businesses find it easier to invest retained earnings into Bitcoin, earning significant returns without the operational risks of running a business.

Despite the optimism, not everyone is convinced about the long-term viability of this trend. Glassnode lead analyst James Check recently warned that the easy upside for new companies entering the Bitcoin treasury space may already be behind them. Venture capital firm Breed also argued that only a few Bitcoin treasury companies will stand the test of time, avoiding the "death spiral" that could impact companies holding Bitcoin that trade close to net asset value. Crypto trader Saint Pump echoed this sentiment, suggesting that these companies will play a key role in the next bear market, especially when the NAV premium starts to fall.

The increasing number of companies adopting Bitcoin as part of their treasury strategies reflects a broader trend towards decentralized finance. Companies are recognizing the value of digital assets as a hedge against inflation and economic uncertainty. This shift is part of a larger movement where traditional financial institutions are increasingly embracing cryptocurrencies, moving beyond speculative investments to become a viable component of corporate financial strategies. As more companies adopt Bitcoin, it is likely to influence other sectors and industries, leading to a more widespread acceptance of cryptocurrencies in the global economy.