The number of publicly traded companies holding over 1,000 bitcoins continues to increase, indicating that institutional interest in bitcoin is on the rise. The number of such companies grew from 24 at the end of the first quarter of 2025 to 30 at the end of the second quarter, and has now reached 35 in the third quarter, collectively holding nearly 900,000 bitcoins.

It's worth noting that from the first quarter to the second quarter, bitcoin purchases became more dispersed among publicly traded companies. Data shows that in the first quarter of 2025, publicly traded companies collectively purchased 99,857 bitcoins, increasing to 134,456 in the second quarter, a quarter-on-quarter growth of 35%.

Major institutions and publicly traded companies are continually buying bitcoin, while some say the bull market has ended; this is truly misleading!

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