100 publicly listed companies hold 4% of Bitcoin supply. Cryptocurrency is reshaping the boundaries of traditional financial management.
According to the latest report from Harvard Business Review, approximately 100 publicly listed companies globally hold 4% of the total circulating supply of BTC. Among them, Strategy, led by Michael Saylor, exclusively holds 3% of the supply, with over 630,000 BTC valued at approximately $70.5 billion.
This trend indicates that publicly traded companies and major financial institutions are gradually incorporating Bitcoin into their investment portfolios and reserve strategies.
It is noteworthy that as the regulatory environment improves, particularly with the “Bitcoin Strategic Reserve” executive order initiated by President Trump, the status of BTC as an asset class has significantly elevated.
In this context, regions such as Texas and Wyoming have also established relevant legislation to create Bitcoin reserves, further promoting the popularity and acceptance of Bitcoin.
Taking Texas as an example, the state passed Senate Bill No. 21 in May, authorizing the establishment of asset reserves for cryptocurrencies with a market value exceeding $500 billion. Currently, the only cryptocurrencies meeting this market cap condition are Bitcoin (BTC) and Ethereum (ETH).
On the operational level, more and more companies are beginning to imitate Strategy's approach, which involves selling a portion of their stock when the price rises and converting the proceeds into Bitcoin. However, the success of this strategy hinges on the company's stock performance exceeding that of Bitcoin.
As the market value recognition of Bitcoin continues to rise, its price has grown from nearly zero to now $110,000. Consequently, institutional investors are starting to view it as an effective tool for hedging against inflation and economic growth.
In addition, executives from traditional financial institutions, such as BlackRock, are also assessing whether Bitcoin has the potential to become a primary store of value alternative to gold. Meanwhile, some companies, like Japan's Metaplanet, have publicly announced plans to incorporate Bitcoin into their fiscal reserves.
In summary, as the regulatory framework gradually improves and policy support intensifies, corporate Bitcoin holdings will evolve from pioneering practices into a common strategy.
Cryptocurrencies like BTC are also reshaping traditional financial frameworks, potentially becoming a standard allocation on the balance sheets of publicly listed companies alongside cash and gold.
