As of August 2025, public companies hold nearly 4.5% of Bitcoin's total supply, reflecting a growing interest in the cryptocurrency among major institutions. Leading this trend is Strategy (formerly MicroStrategy), holding 628,946 BTC valued over $73 billion. Other notable holders include Marathon Digital with 50,639 BTC, followed by Twenty-One (XXI) with 43,514 BTC and Bitcoin Standard Treasury Company with 30,031 BTC. Riot Platforms holds 19,273 BTC, and Metaplanet has accumulated 18,113 BTC. Trump Media & Technology Group recently acquired around 15,000 BTC, while CleanSpark's holdings stand at 12,703 BTC. Coinbase, a well-known crypto exchange, holds 11,776 BTC, and Tesla has around 11,509 BTC. The increasing accumulation of Bitcoin by these companies illustrates a significant shift toward treating Bitcoin as a reserve asset, amidst the backdrop of ongoing Bitcoin adoption in the business sector.

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