For a long time, the notion that publicly traded companies could hold Bitcoin as part of their reserves seemed absurd. The leading cryptocurrency was deemed too unstable and niche for any reputable business to consider.
This stigma has been shattered, with numerous significant institutional investors accumulating Bitcoin in recent years.
The trend began when cloud software firm MicroStrategy invested $425 million in Bitcoin during August and September 2020. This move prompted others to follow suit, including payment processor Block and electric vehicle manufacturer Tesla.
According to BitcoinTreasuries, public corporations now own 5.39% of the total supply of 21 million $BTC. Here are some of the largest holders as of now.
1. Strategy
Strategy, formerly known as MicroStrategy, is a notable business analytics platform that has embraced $BTC as its main reserve asset. Co-founder Michael Saylor rebranded the company in February 2025 to reflect what he describes as “the power and positivity” associated with “strategy.”
The organization specializes in mobile software development and cloud services while aggressively acquiring millions worth of Bitcoin. Currently, it holds an impressive 780,897 $BTC, valued at approximately $59 billion—over 3.7% of all Bitcoins ever created.
During its Q1 2024 earnings call, Saylor asserted that adopting a “Bitcoin strategy” allowed his company to outperform rival enterprise software firms by tenfold or more within the business intelligence sector. The firm typically announces its Bitcoin purchases weekly but skips reporting at quarter’s end.
Saylor stands out among executives for openly discussing his personal investments; he revealed owning 17,732 $BTC, currently valued at over $1.3 billion—still held as recently as September 2024—a stark contrast from his earlier skepticism about Bitcoin’s longevity back in 2013.
“We are just beginning this phase where institutions rapidly adopt digital assets like Bitcoin,” Saylor stated during Q1’s earnings call while suggesting that future competition would not be among cryptocurrencies but rather against traditional stores-of-value such as gold or real estate.
A prominent advocate for Bitcoin investment strategies, Saylor expressed intentions for continuous purchasing: “We will be buying at peak prices indefinitely.” He previously suggested that they might acquire up to seven percent of total $BTC. Recently reassuring MSTR investors about weathering potential price drops down to $8K through debt refinancing strategies adds another layer to his commitment: “If you believe it will hit zero we can address that—but I don’t see it going there.”
2. Twenty One Capital
Led by Jack Mallers, Twenty One Capital (XXI) boasts holdings amounting to approximately $3.3 billion across its public balances on the blockchain—43,513 Bitcoins currently owned according to reports available today.
The firm launched via a SPAC merger with Cantor Equity Partners last December and collaborated with major players like Tether and Bitfinex alongside SoftBank from Japan for establishing its treasury fund focused on acquiring Bitcoins primarily while providing related services setting itself apart from competitors seeking non-crypto ventures instead .
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The company aims not merely “to beat inflation,” but rather seeks ways “to make inflation irrelevant.”
3.Metaplanet
Metaplanet , listed on Tokyo’s stock exchange nicknamed ‘Asian Strategy’ possesses over
40 ,177 bitcoins which equates roughly around three billion dollars today .
p > Beyond bitcoin operations they also run hotels being rebranded into ‘The
Bitcoin Hotel’ claiming status as Japan’s first publicly listed treasury entity .
p > Following similar tactics seen previously by Strategy , this company has aggressively increased holdings achieving goals set forth initially last September when reaching ownership levels exceeding thirty thousand BTC thus surpassing previous holders becoming third largest here presently .
Although short-term objectives have been met significantly more remains ahead toward their ultimate goal aiming beyond two hundred ten thousand BTC ($16B+) anticipated before year twenty twenty-seven arrives .
In early twenty-twenty-five President Donald Trump’s son Eric joined Strategic Advisory Board followed later establishment moving base operations stateside opening subsidiary located Miami Florida creating further expansions into market sectors .
March twenty-sixth saw broadening horizons regarding investments adding roughly twenty-five million towards bitcoin-related companies targeting growth opportunities within industry space expanding overall portfolio reach significantly .