The first quarter of 2025 saw a significant surge in Bitcoin accumulation by publicly traded companies, with total holdings jumping 16.1%, according to a new report from crypto fund manager Bitwise. As of March 31, corporate Bitcoin holdings stood at approximately 688,000 BTC — an increase of 95,431 BTC over the quarter.
Bitwise shared the update in an April 14 post on X, noting that the combined value of these Bitcoin holdings rose to $56.7 billion, calculated at a BTC price of $82,445. While the total BTC held surged, the dollar value grew more modestly by 2.2%, reflecting Bitcoin’s relative price stability in recent weeks.
Companies are buying bitcoin, Q1 2025 edition. pic.twitter.com/qZc62N8vu5
— Bitwise (@BitwiseInvest) April 14, 2025
The number of public companies holding Bitcoin also climbed to 79, with 12 new firms making their first Bitcoin purchases in Q1. Leading the pack was Hong Kong-based construction firm Ming Shing, whose subsidiary Lead Benefit acquired 833 BTC in two tranches during January and February.
Another notable newcomer was Rumble — a video platform popular among conservative audiences — which added 188 BTC in mid-March. Meanwhile, Hong Kong’s HK Asia Holdings made headlines by buying just a single Bitcoin, a move that nonetheless doubled its share price in one trading day.
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Japan’s Metaplanet also made waves, announcing a 319 BTC purchase on April 14 for an average of $82,770 per coin. This brought its total holdings to 4,525 BTC, currently valued at around $383.2 million. However, with a total outlay of nearly $406 million, the firm is slightly underwater on its Bitcoin bet. Still, Metaplanet now ranks as the tenth-largest public BTC holder globally, just behind Jack Dorsey’s Block Inc., which holds 8,485 BTC.
Bitcoin is currently trading around $84,440, having recovered from a brief dip below $75,000 in early April, spurred by global economic jitters following new U.S. trade tariffs.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
