Global Firms Acquire Over $567 Million in Bitcoin in One Week
Major non-mining corporations significantly expanded Bitcoin holdings in early January 2025, with purchases exceeding half a billion dollars, according to SoSoValue data.
BTC
Summary
Global public companies, excluding miners, purchased a net $567 million in Bitcoin during the week ending January 5, 2025, based on SoSoValue data. Strategy acquired 1,286 BTC worth $116 million, Metaplanet bought 4,279 BTC valued at $451 million, and BHODL purchased 1 BTC for $90,000. Collectively, these firms now hold 923,680 BTC worth $85.78 billion, underscoring the scale of institutional cryptocurrency adoption.
Terms & Concepts
- Bitcoin: A decentralized digital currency that enables peer-to-peer transfers without a central authority.
- BTC: The common abbreviation for Bitcoin, used as its ticker symbol in trading and pricing.
- SoSoValue: A market analytics platform that tracks cryptocurrency purchases, holdings, and related financial data.