As of August 2025, several major public companies have made significant investments in Bitcoin, collectively holding nearly 4.5% of the total Bitcoin supply. Leading the pack is Strategy, previously known as MicroStrategy, with 628,946 BTC valued at over $73 billion. Marathon Digital follows with 50,639 BTC, worth around $6 billion, as they position themselves as a leading Bitcoin mining operation. Other notable companies include Twenty One, expected to hold 43,514 BTC upon going public, and Bitcoin Standard Treasury Company, which will launch with over 30,000 BTC. Riot Platforms holds 19,273 BTC, while Metaplanet boasts 18,113 BTC after rapidly expanding its holdings. With 15,000 BTC, Trump Media focuses on integrating Bitcoin into its business model, and CleanSpark reports 12,703 BTC, emphasizing cost-effective mining strategies. Notably, Coinbase and Tesla round out the top ten with 11,776 and 11,509 BTC, respectively, as both companies adapt to the changing crypto landscape. These corporate treasury strategies highlight a growing institutional acceptance of Bitcoin as a legitimate asset class.

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