Bitcoin News

Story: Public Companies Now Hold 1 Million Bitcoin, Representing 5.1% of Supply

By Pankaj K

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Corporate Bitcoin Holdings Cross the 1 Million Mark. According to BitcoinTreasuries.net, the total Bitcoin held by publicly listed companies has…

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Strategy Leads with Over 636,000 BTC. Michael Saylor’s company, which first adopted a Bitcoin strategy in August 2020, continues to…

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New Entrants Expand the Bitcoin Treasury Landscape. Beyond the early movers, several newer entrants are quickly building their positions.

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Demand Shock Driving Bitcoin’s Price. Corporate accumulation, combined with the inflows from Bitcoin exchange-traded funds (ETFs), has…

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Surviving the Bear Market. Not all treasury strategies have been smooth. During the 2022 bear market, many mining companies…

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Financial Tools Enabling Adoption. Many of these corporate Bitcoin purchases have been financed through equity offerings, debt…

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Global Spread of Corporate Bitcoin Treasuries. Corporate adoption is not limited to the United States.

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Who Holds the Most Bitcoin?. Despite the 1 million BTC milestone, public companies are not the largest holders of Bitcoin…

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Outlook for Corporate Bitcoin Adoption. With more companies entering the Bitcoin treasury space every month, analysts believe adoption is…

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Corporate adoption of Bitcoin has reached a historic milestone, with public companies collectively holding more than 1 million BTC, equal to 5.

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According to BitcoinTreasuries.net, the total Bitcoin held by publicly listed companies has climbed to 1,000,698 BTC, valued at over $111 billion at current market prices.

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Bitcoin’s fixed supply of 21 million coins makes this achievement notable, as corporate entities now control more than 5% of all existing BTC. With only 5.

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Michael Saylor’s company, which first adopted a Bitcoin strategy in August 2020, continues to dominate the corporate leaderboard with 636,505 BTC.

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Marathon Digital Holdings (MARA) ranks second with 52,477 BTC, much of it mined directly. In August alone, MARA added 705 BTC to its treasury, signaling consistent growth despite…

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Other fast-rising players include Jack Mallers’ XXI with 43,514 BTC and the Bitcoin Standard Treasury Company, which now controls 30,021 BTC.

The Currency Analytics

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