Public companies have increasingly adopted Bitcoin, with firms like Strategy (formerly MicroStrategy) leading the pack. As of August 2025, Strategy holds 628,946 BTC, valued around $73 billion, making it a major player in institutional Bitcoin ownership. Other significant holders include Marathon Digital Holdings with 50,639 BTC, Twenty-One (XXI) expecting 43,514 BTC after its SPAC merger, and Bitcoin Standard Treasury Company looking to launch with over 30,000 BTC. Riot Platforms holds 19,273 BTC, while Metaplanet has 18,113 BTC. Trump Media & Technology Group claims 15,000 BTC, followed by CleanSpark with 12,703 BTC, Coinbase at 11,776 BTC, and Tesla with 11,509 BTC. This trend reflects a paradigm shift as institutional investors now account for nearly 4.5% of Bitcoin’s total supply, breaking previous stigmas around volatility and unacceptability of the digital asset in corporate reserves.

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