The corporate adoption of Bitcoin is accelerating, with 35 publicly traded companies each holding at least 1,000 BTC, indicating growing institutional interest in the world's largest cryptocurrency.
Public companies' demand for Bitcoin soared after U.S. President Trump's executive order outlined a plan to establish a federal Bitcoin reserve for the world's largest economy four months ago.
According to Fidelity Digital Assets' Vice President Chris Kuiper, at least 35 public companies currently hold over 1,000 BTC, with a market value exceeding $116 billion, an increase from 24 companies at the end of the first quarter.
As the amount of Bitcoin held by corporations increases, Kuiper stated on Thursday on platform X: 'Bitcoin purchases have become more decentralized, no longer concentrated among a few large buyers.'
Shortly after Fidelity's data release, Bitcoin surpassed Amazon with a market capitalization of $2.3 trillion, becoming the fifth largest asset in the world.
With a new wave of institutional purchases, the number of public entities holding Bitcoin increased to 278, up from 124 just a few weeks ago.
The U.S. leads in holding Bitcoin among public entities, with a total of 94 entities, followed by Canada and the UK.
Corporate Bitcoin investment rose by 35% in the third quarter of 2025.
With institutional accumulation, the total Bitcoin purchases in the second quarter of 2025 grew by 35% year-on-year.
Iliya Kalchev noted that open contracts for Bitcoin futures are nearing all-time highs, marking continued institutional participation. The market is gearing up for a pivotal period.
