Public Companies Accelerate Bitcoin Accumulation in 2025

Global public companies bought 245,510 Bitcoin in the first half of 2025, more than double the amount of 118,424 $BTC from ETF funds, an increase of 375% compared to the same period in 2024. The average company bought 2.1 BTC for every 1 BTC of ETF, with demand rising from 19% to 207%, indicating they are leading the Bitcoin market, surpassing the role of ETFs.

Companies such as Strategy (135,600 BTC, 55% of total purchases), Metaplanet (increased from 3,350 to 13,350 BTC), DDC Enterprise, The Smarter Web Company, and Figma are actively adding Bitcoin to their treasury, viewing it as a legal reserve asset. Metaplanet (Japan) surpassed Galaxy Digital, CleanSpark, entering the global top 5. The diverse participation from technology, finance to products reflects long-term confidence in Bitcoin.

However, the use of financial leverage, such as GameStop (4.5 billion USD in bonds) or Strategy (2 billion USD), raises concerns. Citron Research warns that stock prices may become “detached” from actual value, leading to risks if the market adjusts sharply. Nevertheless, this wave strengthens Bitcoin's position, driving DeFi and blockchain in global corporate finance.

Risk warning: Information is for reference only, not investment advice.