Bitcoin News Today: Bitcoin Treasuries Take Center Stage as Firms Bet Big on Institutional Crypto

Public companies have now accumulated over one million Bitcoin, marking a significant milestone in the institutional adoption of the cryptocurrency. Strategy (MSTR), which has been one of the most aggressive buyers, has once again expanded its Bitcoin holdings by acquiring an additional 4,048 BTC for approximately $449.3 million, raising its total holdings to 636,505 BTC as of September 2025 [1]. The company has spent a cumulative $46.95 billion to acquire its Bitcoin, with an average cost of $73,765 per coin. The total value of its Bitcoin holdings now stands at over $68 billion, representing approximately 3% of the total Bitcoin supply [2]. Strategy's accumulation strategy is funded largely through the issuance of common and preferred stock, which has raised $471.8 million in net proceeds during the reporting period [3]. This approach has allowed the company to maintain its aggressive Bitcoin buying spree despite market volatility. Meanwhile, the company reported a Bitcoin yield of 25.7% year-to-date, underscoring the financial performance of its treasury strategy [3]. Other major public companies have also entered the Bitcoin treasury space, with Tesla holding 11,509 BTC, Coinbase controlling 11,776 BTC worth around $1.35 billion, and Bitcoin miner CleanSpark owning 12,608 BTC valued at $1.45 billion [3]. Japan-based Metaplanet Inc. has also entered the fray, raising $884 million in capital and acquiring 1,009 BTC to expand its holdings to 20,000 BTC [3]. The corporate adoption of Bitcoin is continuing to grow, with public companies now holding over 4.7% of the total supply of 21 million BTC. As of the latest data, corporate holdings have reached 3.68 million tokens across 310 entities, valued at $408 billion [5]. The top 20 public companies hold 94% of the total corporate Bitcoin reserves, with MicroStrategy leading the pack with 632,457 BTC [2]. The growing institutional interest is also reflected in the rise of Bitcoin ETFs, which have seen significant inflows in late 2024. The resurgence in Bitcoin ETF flows has pushed institutional holdings to $33.6 billion, with BlackRock’s IBIT ETF demonstrating strong stability and zero redemptions during volatile periods [4]. Meanwhile, Ethereum ETFs have shown mixed performance, with $3.87 billion in inflows in August 2024 before recent outflows [4]. While Bitcoin remains a dominant force in the institutional space, Ethereum’s staking capabilities and deflationary tokenomics are attracting a portion of institutional investors who seek yield generation and regulatory clarity [4]. In Europe, the trend is gaining momentum as well, with Amdax securing €20 million in funding for its Amsterdam Bitcoin Treasury Strategy (AMBTS), which aims to accumulate 1% of the total Bitcoin supply [5]. The company plans to raise an additional €10 million to reach a total of €30 million before pursuing a public listing on Euronext Amsterdam. The AMBTS strategy highlights the growing global interest in Bitcoin as a corporate reserve asset, with companies across continents competing to build significant Bitcoin holdings. However, this expansion into Bitcoin treasuries is not without risks. Morningstar DBRS analysts have warned that the volatility of Bitcoin compared to traditional reserve assets poses heightened credit risks, particularly for companies that concentrate large portions of their reserves in the cryptocurrency [5]. The volatility of Bitcoin is nearly five times higher than the S&P 500 in short-term periods and four times higher in the long term, making traditional treasury management more complex [5]. Furthermore, regulatory uncertainty remains a pressing challenge for corporate Bitcoin strategies, as there is no uniform global framework governing cryptocurrencies [5]. As more companies adopt Bitcoin, the market is evolving to accommodate a broader range of institutional strategies, with Bitcoin serving as a core holding for stability and Ethereum and altcoins offering yield and innovation. The future of corporate Bitcoin treasuries will likely depend on how well companies can manage these risks while capitalizing on the opportunities presented by the growing institutional crypto ecosystem [4].

Source: [1] Michael Saylor's MSTR Buys More Bitcoin (https://www.coindesk.com/markets/2025/09/02/strategy-added-another-4-408-bitcoin-for-usd450m-last-week) [2] The 10 Public Companies With the Biggest Bitcoin Portfolios (https://finance.yahoo.com/news/10-public-companies-biggest-bitcoin-193206248.html) [3] Strategy Just Bought Another 4048 BTC—How Far Can ... (https://www.benzinga.com/crypto/cryptocurrency/25/09/47449603/strategy-just-bought-another-4048-btc-how-far-can-corporate-bitcoin-holdings-go) [4] Is Bitcoin's ETF-Driven Growth Sustainable Amid Shifting ... (https://www.bitget.com/news/detail/12560604949101) [5] Amdax Raises $23M for Bitcoin Treasury – Europe's Bold Bid ... (https://finance.yahoo.com/news/amdax-raises-23m-bitcoin-treasury-175552031.html)