According to a report from crypto asset manager Bitwise, 48 more companies became corporate holders of Bitcoin in the last quarter.
These numbers are absolutely astounding and show that it’s not just individuals who want to own Bitcoin. Companies want it too,» wrote Bitwise CEO Hunter Horsley.
According to a Bitwise report, the total cost BitcoinThe total assets of all companies grew to $117 billion, up 28% from the previous quarter. The total number of coins also exceeded one million, representing 4,87% of the total supply.
The largest public company currently holding Bitcoin is Michael Saylor’s Strategy, which currently holds 640,250 coins. The second-largest BTC holder is miner MARA Holdings, which holds 53,250 coins.
Rachel Lucas, an analyst at Australian cryptocurrency exchange BTC Markets, believes that the growing accumulation of assets indicates that «major players are not retreating, but rather doubling down on their investments.»
Such participation helps legitimize cryptocurrency as a mainstream asset class and lays the groundwork for broader financial innovations—from Bitcoin-backed loans to new derivatives markets, Lucas said.
According to the expert, corporate holders are not simply chasing short-term profits; “they are making long-term decisions regarding digital assets as part of their treasury strategy.”