Public companies now hold over $117 billion in Bitcoin, with balance-sheet exposure up nearly 40% in one quarter. Favorable regulation, ETF inflows, and new accounting clarity are pushing digital assets from hedge to policy.
Corporate Bitcoin Holdings Jump to $117B as Firms Double Down on Crypto Treasuries
Corporate adoption of Bitcoin is accelerating again, and this time it’s institutional rather than ideological.
Publicly traded firms now hold more than 1 million BTC, valued at $117 billion, a 40 percent jump from the previous quarter. The number of companies with Bitcoin on their balance sheets has surged to 172, up nearly 40 percent in just three months.
The shift marks a new phase in corporate treasury management, where Bitcoin is no longer an outlier hedge but a strategic reserve asset.
Companies like MicroStrategy continue to dominate with 640,000 BTC, but new entrants such as Metaplanet and other digital asset treasuries are accelerating accumulation.
Collectively, public firms added more than 193,000 BTC last quarter, representing a 20.7 percent quarter-over-quarter increase.
Why It Matters
Bitcoin’s adoption by corporate balance sheets has become a bellwether for institutional conviction. The move reflects both favorable regulation under the Trump administration and new accounting frameworks that make digital asset reserves more feasible.
For CFOs, Bitcoin’s volatility is increasingly offset by its liquidity and independence from traditional monetary risk.
These developments have been reinforced by record inflows into crypto ETFs, $2.67 billion last week alone, and by the normalization of Bitcoin as a collateral and funding instrument.
The convergence of treasury policy, ETF infrastructure, and accounting clarity points toward a sustained trend rather than a temporary experiment.
Reader Lens
For investors, this wave of adoption cements Bitcoin’s dual identity: speculative asset and corporate reserve. The same dynamics that once made it volatile now make it anti-fragile, an instrument that benefits from macro uncertainty and currency debasement.
Analysts see continued inflows pushing Bitcoin toward $160,000 in Q4, driven by both ETF accumulation and balance-sheet demand.
In short, what began as a defensive move against inflation is maturing into a structural feature of global finance. Bitcoin is no longer the asset companies buy to make a statement; it’s the one they buy to manage risk.
