Corporate Bitcoin Adoption Accelerates: 172 Public Firms Now Hold Nearly 5% of All BTC

• 172 public companies now hold about 1.02 million Bitcoin, equal to nearly 5% of all coins in circulation.
• Corporate and institutional demand keeps rising as firms like Fidelity and Strategy expand their Bitcoin holdings.

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The ownership of Bitcoin among public firms has grown sharply in 2025. A new report from Bitwise shows that 172 publicly listed firms now hold about 1.02 million Bitcoin units. This equals almost 5% of all coins in circulation. The rise shows that more businesses see Bitcoin as a key part of their financial strategy rather than a passing trend.

More Companies Add Bitcoin to Their Balance Sheets

The number of public companies holding Bitcoin rose by 38% in the third quarter of 2025 compared to the previous one. Hunter Horsley, the Chief Executive Officer of Bitwise, said the growth was notable. Horsley added that both individuals and corporations are eager to own Bitcoin.

According to the Bitwise Corporate Bitcoin Adoption Q3 2025 report, the total BTC held by these firms increased by 20% during the quarter. Basically, they now hold 1.02 million BTC, worth about $117 billion. Data from BitcoinTreasuries.NET also shows that Strategy bought around 40,000 BTC in the last three months alone.

Bitcoin in Corporate Firms Growing | Source: Hunter Horsley

As discussed earlier, the company holding the most Bitcoin is Strategy (formerly MicroStrategy), with a massive 640,250 BTC. It is followed by MARA Holdings with 52,360 BTC, XXI with 43,814 BTC, Metaplanet with 30,621 BTC, and Bitcoin Standard Treasury Company with 30,021 BTC. These five companies account for more than half of all Bitcoin owned by public firms.

It is important to mention that many market participants see this wave of buying as a turning point. Basically, it shows that large corporations now treat Bitcoin as a store of value and part of their long-term financial plans, not only a risky bet. In addition to this, as noted in our previous post, over 70,000 new millionaires have emerged from Bitcoin’s rise.

Fidelity Adds to Institutional Bitcoin Demand

It is worth noting that interest in Bitcoin is not limited to public companies. Large financial institutions are also stepping in. Fidelity Investments, one of the biggest asset managers in the United States, confirmed that its clients purchased about $132 million worth of Bitcoin in recent weeks. 

According to reports, the firm has also made it possible for workers to include Bitcoin in their 401(k) retirement plans, widening access to digital assets for long-term savers. Another large company, Vanguard, recently backtracked on its stance on Bitcoin. As detailed in our last news piece, Larry Fink, CEO of BlackRock, called Bitcoin a digital gold and acknowledged it as a legitimate asset.

Still, since the recent market liquidation, the price of Bitcoin has stayed close to $113,071.13, up 1.2% in 24 hours.

Notably, the general mood in the market remains cautious, with the Fear and Greed Index reading 42. This shows that investors are neither too optimistic nor too fearful.

Even with market hesitation, demand for Bitcoin continues to build. With major companies and institutions buying in, it appears that corporate interest in Bitcoin is no longer a short-term movement but a lasting change in how firms view digital assets.

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