Bitcoin: Institutional Investment Reaches Record High, Top 100 Companies Hold $108 Billion Worth of BTC

The top 100 publicly traded companies hold 990,695 BTC, worth $108 billion. The institutional rush on bitcoin continues to strengthen, with companies adopting various strategies to accumulate the cryptocurrency, including convertible bonds and preferred shares. Bitcoin has established itself as an obvious choice for corporate treasurers, with over 310 entities owning 3.68 million bitcoins worth over $400 billion.

Institutional adoption of Bitcoin has reached unprecedented levels, with the top 100 publicly traded companies collectively holding 990,695 BTC, valued at $108 billion. This surge in institutional interest is driven by various strategic approaches to accumulate the cryptocurrency, including convertible bonds and preferred shares.

Bitcoin has become an attractive asset for corporate treasurers, with over 310 entities owning 3.68 million bitcoins worth over $400 billion. This trend is not isolated; it is part of a broader institutional shift towards treating Bitcoin as a strategic reserve asset. For instance, Strategy (formerly MicroStrategy) recently purchased 4,048 BTC, raising its holdings to 636,505 BTC valued at $70 billion [1].

The acceleration of institutional adoption is evident in the 35% quarter-over-quarter increase in corporate Bitcoin purchases during Q2 2025. This growth is fueled by regulatory clarity, such as the SEC's CLARITY Act and the opening of 401(k) accounts to Bitcoin investments, which unlocks access to an $8.9 trillion capital pool [2]. Furthermore, the establishment of a Strategic Bitcoin Reserve by the U.S. government and Norway's 150% year-on-year increase in sovereign wealth fund holdings underscore this shift [3].

The launch of U.S. spot Bitcoin ETFs has also been instrumental in driving institutional adoption. By Q3 2025, these funds held 1.3 million BTC, representing 47% of all tracked corporate holdings. The iShares Bitcoin Trust (IBIT) captured 96.8% of U.S. ETF inflows in Q2, amassing $86.2 billion in assets under management [4]. This liquidity surge has created a self-reinforcing cycle, where institutional demand drives price appreciation, attracting more capital.

The recent $449 million Bitcoin purchase by Strategy, funded through at-the-market offerings of equity, reflects a disciplined approach to accumulation. The company's total cost basis now averages $73,765 per coin, signaling a long-term investment strategy [1]. This move is part of a broader trend where corporations are increasingly viewing Bitcoin as a core portfolio component rather than a speculative play.

The institutional rush on Bitcoin is not limited to corporate treasuries. Global sovereign wealth funds and pension funds are also allocating up to 10% of their portfolios to Bitcoin, treating it as a strategic asset akin to gold [4]. This diversification of ownership reduces the risk of market concentration and enhances Bitcoin's resilience to short-term shocks.

For investors, the implications of this institutional momentum are clear. Bitcoin's adoption by corporations and sovereigns has created a floor for its price, incentivizing these entities to accumulate during dips. The recent $449 million purchase by Strategy occurred at a price point ($110,981) that is 52% above Bitcoin's 2023 average price, yet institutions continue to buy, signaling confidence in its long-term value [1].

Moreover, Bitcoin's utility is expanding beyond payments. The U.S. Department of Commerce's decision to post GDP data on blockchains and Tether's launch of USDT on the RGB protocol are reinforcing Bitcoin's role as a foundational layer of the digital economy [4]. These developments, combined with its fixed supply, position Bitcoin as a unique asset class capable of capturing value in a post-inflationary world.

References:
[1] Strategy adds $449M in Bitcoin, raising August total to 7.7K BTC [https://cointelegraph.com/news/michael-saylor-strategy-buys-4048-btc-bitcoin-holdings-636505]
[2] Bitcoin's Institutional Adoption Acceleration: LTH to STH Flows Signal Structural Shift [https://www.ainvest.com/news/bitcoin-institutional-adoption-acceleration-lth-sth-flows-signal-structural-shift-2509/]
[3] Bitcoin's Institutional Adoption Acceleration: LTH to STH Flows Signal Structural Shift [https://www.ainvest.com/news/bitcoin-institutional-adoption-acceleration-lth-sth-flows-signal-structural-shift-2509/]
[4] Bitcoin's Institutional Adoption Acceleration: LTH to STH Flows Signal Structural Shift [https://www.ainvest.com/news/bitcoin-institutional-adoption-acceleration-lth-sth-flows-signal-structural-shift-2509/]