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U.S. Bitcoin Treasury Firms Hold Nearly 948,000 BTC

The number of public companies holding Bitcoin surged by 40% this quarter, with Strategy leading the charge, signaling increasing institutional confidence in digital assets.

BTC

Summary

Public companies now hold approximately 1.04 million BTC, valued at around $117 billion, marking the highest amount on record. The number of firms holding Bitcoin rose 40% from last quarter to 172, with 193,000 BTC added this quarter. Strategy leads with 640,031 BTC, followed by Mara with 53,250 BTC and XXI with 43,514 BTC.

Terms & Concepts
  • Bitcoin Treasury: Refers to corporations or institutions holding Bitcoin as part of their reserve assets or treasury strategy.
  • BTC: Ticker symbol for Bitcoin, the first and largest decentralized cryptocurrency.
  • SPAC: A Special Purpose Acquisition Company used to raise capital through an IPO to acquire or merge with an existing company.