Overview

• The number of publicly traded firms with at least 1,000 BTC jumped from 24 in Q1 to 35 by July 25, marking a nearly 50% increase
• Combined holdings of the 35 companies approach 900,000 BTC, valued at more than $116 billion at current prices
• Corporate Bitcoin acquisitions climbed 35% in Q2 to over 154,000 BTC, driven by broader distribution across company treasuries
• In the first half of 2025, public companies absorbed 245,510 BTC, more than double the 118,424 BTC created for spot ETFs during the same period
• Strategy leads with 607,770 BTC under Michael Saylor, while Tesla, MARA Holdings, Twenty One Capital and Riot Platforms also build significant reserves