Corporate Bitcoin Holdings Surge 18% Outpacing ETFs

Publicly listed corporations have overtaken exchange-traded funds (ETFs) in Bitcoin accumulation, marking a significant shift in institutional interest. Over the past 30 days ending June 11, 2025, at least 22 companies have increased their Bitcoin reserves, according to data from BitcoinTreasuries.net. This trend indicates a growing preference among corporations to hold Bitcoin as a store of value and a hedge against inflation.

Corporate treasuries now hold approximately 757,593 BTC, amounting to $78.67 billion. This accumulation has been influenced by Strategy, led by CEO Michael Saylor, who has been an advocate for Bitcoin since 2020. Saylor's aggressive Bitcoin advocacy has set a precedent for other companies to follow, leading to a notable increase in corporate Bitcoin holdings.

The rise in corporate Bitcoin treasuries has sparked concerns among industry experts. Geoff Kendrick noted that while this accumulation adds buying pressure, it also poses the risk of reversal. Fakhul Miah expressed concerns over risk management practices among smaller firms entering the Bitcoin space. The impact of these corporate moves is evident in the significant net inflows of $4.6 billion into Bitcoin spot ETFs over three weeks, which have driven substantial Bitcoin price returns.

Geoff Kendrick also highlighted liquidation risks for corporate treasuries if Bitcoin's price falls below crucial levels, notably $90,000. This development showcases the changing landscape of institutional Bitcoin exposure and the potential systemic risks if the crypto market sees downturns. The financial, regulatory, and technological outcomes of this shift are likely to face heightened scrutiny, with industry attention focused on how these changes will shape the future of Bitcoin investment.

Corporate treasuries have outpaced ETFs in Bitcoin accumulation for the third consecutive quarter, with public companies increasingly integrating the cryptocurrency into their treasury strategies. The data indicates that corporate treasuries have grown their Bitcoin holdings by approximately 18%, while ETFs have seen an 8% increase in the same period. This disparity highlights the growing interest among corporations in using Bitcoin as a store of value and a hedge against inflation.

The momentum behind corporate Bitcoin accumulation has been driven by several notable companies that have recently added Bitcoin to their treasuries. This includes firms such as Cardone Capital, ProCap, Panther Metals, and Green Minerals, all of which have recognized the potential benefits of holding Bitcoin. The trend suggests that these companies are creating a "flywheel buying frenzy" that could overshadow the narrative around ETFs, which have traditionally been seen as the primary vehicle for institutional Bitcoin investment.

Analysts have attributed the stagnant price of Bitcoin to the selling pressure from long-term holders, who have been offloading their holdings to institutions since the launch of spot Bitcoin ETFs in January 2024. Despite significant inflows into ETFs, the price of Bitcoin has remained range-bound between $102,000 and $110,000. This price stability can be attributed to the absorption of Bitcoin supply by a new cohort of six-month holders, largely composed of corporate treasury companies. These companies have been actively acquiring Bitcoin, effectively consuming the supply unloaded by original long-term holders over the past 1.5 years.

The continued accumulation of Bitcoin by corporate treasuries is seen as a positive signal for the long-term prospects of the cryptocurrency. As more companies recognize the value of holding Bitcoin, the demand for the asset is likely to increase, potentially driving up its price in the future. The trend also underscores the growing acceptance of Bitcoin as a legitimate asset class, with corporations increasingly viewing it as a strategic investment.

In summary, the shift towards corporate treasuries surpassing ETFs in Bitcoin accumulation reflects a broader trend of institutional adoption and recognition of the cryptocurrency's value. As more companies integrate Bitcoin into their treasury strategies, the demand for the asset is likely to continue growing, potentially leading to further price appreciation in the long term. This trend highlights the evolving landscape of institutional Bitcoin investment and the potential for continued growth in the cryptocurrency market.