Bitwise Says Corporate Demand Driving Bitcoin’s Q2 Surge

Public Companies Accelerate Bitcoin Holdings as Corporate Adoption Booms in Q2

Bitcoin (BTC) holdings among public companies surged in the second quarter of 2025, with corporations collectively purchasing 159,107 BTC and lifting their total reserves to 847,000 BTC, now valued at around $91 billion, according to a report from Bitwise.

This represents a 23% increase in holdings quarter over quarter, bringing corporate-controlled BTC to nearly 4% of bitcoin’s capped 21 million supply. The average price of bitcoin climbed to $107,754 in Q2, driving a 61% jump in portfolio value compared to the previous quarter.


Corporate Roster Grows as Major Players Emerge

The number of publicly traded companies holding bitcoin rose sharply to 125 firms, a 58% increase that added 46 new corporate entrants to the crypto space.

MicroStrategy (MSTR) remains the dominant corporate holder, with 597,325 BTC on its balance sheet. It’s followed by MARA Holdings (MARA) with 49,940 BTC, and newcomer Twenty One (XXI) with 37,230 BTC.


GameStop, Trump Media, and Global Interest Drive Expansion

Several key developments fueled this corporate surge. Notably, GameStop (GME) made headlines by acquiring 4,710 BTC, marking its first foray into digital assets. Meanwhile, Trump Media announced plans to raise $2.5 billion specifically for bitcoin purchases, underscoring how even politically linked firms are moving into crypto.

Elsewhere, Japan’s Metaplanet (3350), listed in Tokyo, surpassed major corporations like Toyota and Sony in trading volume, spotlighting the global reach of corporate interest in bitcoin.

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