Bitcoin News Today: Bitcoin Becomes Institutional Safe Haven as 1M Coins Held by Firms

Public companies have now accumulated over 1 million bitcoin (BTC) in their treasury reserves, according to data from BitcoinTreasuries. This milestone marks a significant turning point in the adoption of the cryptocurrency as a strategic asset. The trend has been led by early adopters such as MicroStrategy’s Michael Saylor, whose aggressive accumulation of BTC has inspired other firms to follow a similar approach. Public companies in various sectors, including technology, sales development, and retail, have increasingly added bitcoin to their balance sheets, viewing it as a hedge against inflation and a store of value.

BitcoinTreasuries President Pete Rizzo noted that while the milestone is significant, institutional adoption is still in its early stages. Most major Bitcoin treasury firms have only recently begun implementing long-term accumulation strategies, with a substantial portion of raised capital yet to be deployed into BTC. The trend is expected to continue as more firms recognize the potential of cryptocurrencies to diversify their asset portfolios. Over 100 public companies are currently engaged in Bitcoin treasury strategies, with recent examples including CIMG, a Nasdaq-listed sales development firm that recently raised $55 million for BTC purchases.

The growing institutional interest in BTC is also reflected in the value of the holdings. At a price of $110,142 as of Thursday, the 1 million BTC held by public companies represents approximately $111 billion in institutional assets. This figure highlights a structural imbalance between supply and demand for BTC, as noted by Bitwise Executive Bradley Duke on social media. The Block reported that the total value of BTC held by public companies has risen sharply over the past year, driven by the cryptocurrency’s performance against fiat currencies. Bitcoin’s price has surged more than 90% in the last 12 months, with a market capitalization exceeding $2 trillion.

While the focus of the 1 million BTC milestone is on public companies, it is important to note that governments also hold substantial BTC reserves. As of July 31, 2025, the U.S. and China hold the largest government-controlled BTC reserves, with the U.S. holding 198,022 BTC and China holding 190,000 BTC, according to BitcoinTreasuries.net. These holdings are largely the result of law enforcement seizures, including high-profile cases such as the FBI’s confiscation of Silk Road-related assets. China’s reserves, despite its ban on retail crypto trading, are attributed to confiscated mining and fraud case proceeds. Emerging economies such as Ukraine and North Korea also maintain significant BTC holdings, often tied to cyber activities and asset seizures.

The continued accumulation of BTC by both corporate and government entities reflects a broader shift in the perception of the cryptocurrency from speculative asset to a recognized form of value storage and economic strategy. As more firms and institutions explore digital asset treasuries, the role of BTC in global finance is expected to expand, with potential implications for capital markets, monetary policy, and financial regulation.

Source: [1] Bitcoin Held by Public Companies Passes 1 Million BTC Amid Assets Rising Popularity (https://www.theblock.co/post/369495/bitcoin-held-by-public-companies-passes-1-million-btc-amid-assets-rising-popularity) [2] Which Governments Hold the Most Bitcoin in 2025? (https://www.visualcapitalist.com/which-governments-hold-the-most-bitcoin-in-2025/)