Publicly Listed Firms Boost Bitcoin Holdings by 16.1% in Q1 2025

The amount of Bitcoin held by publicly listed firms increased by 16.1% in the first quarter of 2025, according to crypto fund issuer Bitwise. This surge was driven by at least twelve public companies that bought Bitcoin for the first time during this period, contributing to a total value of around $57 billion in Bitcoin holdings. By the end of Q1, the total Bitcoin holdings of these companies reached approximately 688,000 BTC, with an additional 95,431 BTC acquired over the quarter. The combined value of these holdings rose by around 2.2%, reaching a total of $56.7 billion, with each Bitcoin valued at $82,445.

The number of public companies holding Bitcoin increased to 79, with the largest first-time buyer being a construction firm whose subsidiary purchased 833 BTC. Another notable debut buyer was an investment firm, which saw its share price nearly double after announcing the purchase of a single Bitcoin. Additionally, a Japanese investment firm acquired 319 more Bitcoin, bringing its total holdings to 4,525 BTC, valued at $383.2 million. This purchase was made at an average price of 11.8 million yen per coin, totaling nearly $406 million spent on Bitcoin.

The increasing adoption of Bitcoin by publicly listed firms reflects a growing trend of institutional investment in cryptocurrencies. This trend is likely driven by the perceived potential of Bitcoin as a store of value and a hedge against inflation. The entry of new firms into the Bitcoin market, including those from various industries, suggests a broadening acceptance of cryptocurrencies as a legitimate asset class. The significant investments made by these firms indicate a long-term commitment to Bitcoin, which could further stabilize its price and enhance its credibility in the financial markets.