Public Companies Are Doubling Down on Bitcoin in Q3 2025
The number of public companies holding Bitcoin increased 38% between July and September, with 172 companies now holding BTC—48 of which acquired it in the last quarter. The combined value of these corporate Bitcoin holdings has risen to $117 billion (up 28% in a quarter), and companies now possess over one million BTC, about 4.87% of the total supply. Major holders include MicroStrategy with 640,250 BTC and MARA Holdings with 53,250 BTC. Analysts say this trend reflects growing long-term institutional adoption, not just short-term speculation, as firms increasingly integrate Bitcoin into treasury strategies. Corporate accumulation of Bitcoin is typically done over-the-counter, minimizing immediate market impact but reducing available supply. While prices remain volatile, experts expect continued demand to cause upward price pressure as institutional involvement expands and regulatory clarity improves. Additionally, rising interest in Bitcoin ETFs is making it easier for traditional investors to participate, signaling a maturing market and further institutionalization of cryptocurrencies.
