May 2025,
Public companies collectively hold 691,910 BTC (~3.29% of total supply), reinforcing Bitcoin’s position as a strategic treasury asset.
MicroStrategy (Strategy, Inc.) leads with 506,000+ BTC (77% of corporate BTC reserves), followed by Marathon Digital (46,374 BTC) and Riot Platforms (18,692 BTC).
Tesla, Block Inc., Coinbase, and others hold smaller but notable positions.
Why $BTC on Balance Sheets?
Inflation hedge & digital store of value
Reserve diversification beyond fiat
Investor appeal through pro-Bitcoin positioning
Exposure Without Direct Holdings:
BTC ETFs (e.g., BlackRock’s IBIT)
Mining stocks (e.g., MARA, RIOT)
Crypto-correlated equities (e.g., COIN, NVDA)
Market Impact:
Bullish signal: Institutional confidence
Volatility driver: Corporate buys/sells influence price
Stock market correlation: BTC often trades as a high-beta asset
Institutional BTC integration continues to shape long-term price structure and mainstream credibility.
