The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead
Public companies acquired 245,510 BTC in the first half of 2025, a 375% increase from 51,653 BTC in the same period last year. In contrast, spot ETF issuers purchased 118,424 BTC, significantly lower than the previous year's 267,878 BTC. The number of entities holding Bitcoin rose to 254, with 141 being public companies, marking a 140% increase in six months. Strategy (formerly MicroStrategy) led corporate purchases with 135,600 BTC but saw its market share decrease from 72% to 55%. Other firms like Metaplanet, GameStop, and ProCap also increased their holdings. Analysts suggest that rising corporate demand and reduced Bitcoin supply due to the upcoming halving event could significantly impact prices. The competition for Bitcoin's limited supply is intensifying as institutional interest grows.
