Since the beginning of this year till March ending the Bitcoin holdings of publicly listed companies surge around 16.1%, the report by Bitwise says. It is worth noting that institutions have rushed to stake Bitcoin to enjoy gains in the coming future.
Bitwise reports also notes that in the entire Q1, 2025 publicly listed companies have added 94,431 Bitcoins, and now the total amount of BTC held by publicly listed companies reached 688,000 BTC.
Giants & institutions rushing for Bitcoin acquisition
Companies like Strategy (earlier MicroStrategy) and GrayScale are early pioneers in Bitcoin adoption and the investment strategy of BTC has helped many of them to scale in the traditional crypto market.
Over the past few weeks Bitcoin prices have mirrored many major declines with currently trading at $85,653 with an intraday addition of 1.09% and a weekly addition of 7.89%.
The volatility in Bitcoin price that dragged it below $85k has created several opportunities for the institution as well as whale helping them to boost their stakes.
The report of Bitwise also says that in Q1, 2025, the total number of companies holding Bitcoin has reached 79, and nearly 12 companies had bought BTC for the 1st time in the first quarter of this year.
Ming Shing, the known construction company, first bought Bitcoin in the Q1, 2025 and set the record by buying 833 Bitcoins at a time. The move by the subsidiary of Ming Shing Hong Kong has been largely praised and the region is also termed as one of the friendliest nations for digital assets.
Metaplanet the Japan based company has remained curious about Bitcoin and currently it holds more than 4,500 Bitcoin, it further aims to boost its holdings to 10k by 2025 end.
What else is driving Bitcoin prices to the sky?
Other than institutional investors and whale purchases, factors like the hype of ETFs and related products have attracted millions of new investors and traders, with a fresh inflow in billions of dollars.
The growing curiosity of digital assets among younger generations and other categories has also helped the wider crypto market to scale better and reach wider masses.
Not only companies, institutions, and banks debuted, but on the other hand, schools, colleges, and other educational institutions have begun exploring opportunities by accepting payments in crypto, especially Bitcoin, and some have launched their courses and programs dedicated to blockchain and cryptocurrencies.
Crypto market price updates
Until publishing the crypto fear and greed index was at 31 indicating a shift in the market sentiments of the traders from bears to bulls and at the same time the whole market capitalization was $2.70 trillion with a surge of 0.98%.
Ethereum is now exchanging hands at $1,627.38 with a 3.22% intraday loss, and at the top of the loser list are PI, Lido, Helium, XDC Network, Mantra, Ethena, Official Trump, and Floki.
