The Corporate Bitcoin Supply Shock: Why Institutional Demand is Outpacing Supply and Why Investors Must Act Now

The Bitcoin narrative has shifted from speculative hype to institutional inevitability. As of Q2 2025, corporate Bitcoin treasuries have surpassed 1 million BTC—a staggering 5.1% of the total supply—marking a seismic shift in how global capital views digital assets [1]. This milestone, driven by aggressive accumulation from firms like Strategy, Metaplanet, and XXI, signals a structural imbalance between Bitcoin’s dwindling supply and surging institutional demand. For investors, the implications are clear: the window to secure exposure before a looming supply crunch closes faster than anticipated.

The 1M BTC Milestone: A New Era of Institutional Ownership

Bitcoin’s scarcity has always been its allure, but the recent corporate buying frenzy has turned theory into reality. Strategy, the trailblazer in corporate Bitcoin adoption, now holds 636,505 BTC—over 3% of the total supply—after acquiring 4,048 BTC in Q2 2025 alone [2]. This dwarfs even the most bullish predictions from 2020, when the firm first began stacking sats. Meanwhile, Metaplanet, a Japanese Bitcoin treasury firm, has accelerated its path to becoming a top-10 holder, recently crossing 20,000 BTC and targeting 210,000 BTC by 2027 [3]. With a $3.7 billion capital-raising plan and a focus on Bitcoin derivatives, Metaplanet’s stock has outperformed Japan’s blue-chip indices, proving that Bitcoin’s value proposition extends beyond price action to revenue diversification [4].

The trend is not isolated. XXI 2025, backed by Tether and SoftBank, holds 43,514 BTC and is poised for a SPAC merger, signaling broader institutional validation [5]. Together, these firms—and over 160 public companies—now control 1M BTC, a figure that represents a $50+ billion market value at current prices [6]. This is no longer niche speculation; it’s balance sheet strategy.

Supply Crunch: The 5.2% Countdown

Bitcoin’s fixed supply of 21 million BTC is no secret, but the speed at which corporations are cornering it is unprecedented. With only 5.2% of Bitcoin remaining to be mined, the protocol’s natural scarcity is colliding with institutional demand [7]. Mining output has already been halved twice, and the next halving in 2026 will reduce it further. Yet corporate buyers are outpacing this dwindling supply. For context, the 1M BTC held by corporations today represents ~4.7% of the total supply—meaning less than 0.5% remains unclaimed [8].

This creates a paradox: as Bitcoin’s monetary policy tightens, institutional demand is expanding. The result? A supply shock. Consider that Strategy’s BTC purchases alone have averaged $73,765 per coin, while Metaplanet’s recent acquisition cost $112 million for 1,009 BTC [9]. These prices, paid by corporations with deep balance sheets, set a floor for Bitcoin’s value. As mining output dwindles, the cost to acquire new BTC will rise, forcing corporations—and retail investors—to compete for a shrinking pool of available coins.

Why This Matters for Investors

The corporate Bitcoin strategy is not just about holding the asset; it’s about reshaping its value proposition. Firms like Metaplanet are now generating income from Bitcoin derivatives, such as put options, which yielded ¥1.9 billion in Q2 2025 [10]. This transforms Bitcoin from a speculative reserve asset into a revenue-generating tool, further incentivizing adoption. For investors, the urgency lies in recognizing that Bitcoin’s price is no longer dictated by retail sentiment but by institutional capital allocation.

Moreover, the net asset value (NAV) of Bitcoin treasury companies is surging. Strategy’s NAV now exceeds $70 billion, while Metaplanet’s stock has graduated to mid-cap status in the FTSE Japan Index [11]. These metrics reflect a broader trend: Bitcoin is becoming a core component of diversified portfolios, not a speculative outlier.

The Clock is Ticking

The 1M BTC milestone is a warning shot. With less than 5% of Bitcoin’s supply remaining, the next phase of adoption will be defined by scarcity and competition. For investors, the question is not if Bitcoin’s price will rise—it’s how quickly and at what cost.

Acting now means securing exposure before corporations and institutions dominate the remaining supply. It means understanding that Bitcoin’s value is no longer a function of its price alone but of its role in a new financial paradigm. As the supply crunch intensifies, the winners will be those who recognized the shift early—and stacked accordingly.

Source:
[1] Corporate Bitcoin Treasuries Surpass 1 Million BTC as ... [https://coincentral.com/corporate-bitcoin-treasuries-surpass-1-million-btc-amid-rising-adoption]
[2] Top 10 Public Companies Holding BTC (2025 List) [https://www.demandsage.com/public-companies-holding-btc/]
[3] Metaplanet Hits 20000 BTC Mark With $112 Million Purchase [https://www.fastbull.com/news-detail/metaplanet-hits-20000-btc-mark-with-112-million-news_6100_0_2025_3_9875_3]
[4] Bitcoin Treasury Firm Metaplanet Graduates to FTSE Japan [https://www.fastbull.com/news-detail/bitcoin-treasury-firm-metaplanet-graduates-to-ftse-japan-news_6100_0_2025_3_9094_3/6100_SOL-USDT]
[5] The 10 Public Companies With the Biggest Bitcoin Portfolios [https://finance.yahoo.com/news/10-public-companies-biggest-bitcoin-193206248.html]
[6] Public companies reach 1M Bitcoin, hitting 5.1% of BTC ... [https://cointelegraph.com/news/public-companies-hit-combined-1-million-bitcoin]
[7] Crypto Market Review (Q2 2025) [https://bitwiseinvestments.com/crypto-market-insights/crypto-market-review-q2-2025]
[8] Metaplanets Strategy Bitcoin BTC Holdings [https://www.ccn.com/news/crypto/metaplanets-strategy-bitcoin-btc-holdings/]
[9] 'Bitcoin is still on sale': Strategy buys another ... [https://www.theblock.co/post/368902/bitcoin-is-still-on-sale-michael-saylor-strategy-buys-more-btc]
[10] MetaPlanet Launches $881M International Stock Issuance for BTC Purchases [https://www.facebook.com/manuel.guevarra.369210/posts/metaplanet-launches-881m-international-stock-issuance-for-btc-purchasesjapans-me/756576530588891/]
[11] The 10 Public Companies With the Biggest Bitcoin Portfolios [https://finance.yahoo.com/news/10-public-companies-biggest-bitcoin-193206248.html]