Public companies have begun amassing significant Bitcoin holdings, with some key players like Strategy (formerly MicroStrategy), Marathon Digital, and Tesla leading the charge. By August 2025, public firms collectively hold about 4.5% of Bitcoin's total supply. 1. Strategy holds 628,946 BTC (over $73 billion), with Michael Saylor advocating for its usage as a primary reserve asset. 2. Marathon Digital maintains a treasury of 50,639 BTC ($6 billion), focusing on scaling its mining operations. 3. Twenty-One (XXI) aims to hold up to 43,514 BTC as it transitions to a public entity. 4. Bitcoin Standard Treasury Company plans to launch with 30,031 BTC. Other significant holders include Riot Platforms (19,273 BTC) and CleanSpark (12,703 BTC). Coinbase holds 11,776 BTC, while Tesla's treasury includes 11,509 BTC. The continued interest of these companies indicates a growing institutional integration of Bitcoin into corporate strategies.

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