As of August 2025, several public companies have made significant investments in Bitcoin, accumulating large portfolios amidst growing institutional interest in the cryptocurrency. Leading the charge is Strategy (formerly MicroStrategy), holding 628,946 BTC valued at over $73 billion, representing more than 2.8% of Bitcoin's total supply. Following closely are Marathon Digital Holdings with 50,639 BTC worth nearly $6 billion, and Twenty One (XXI), set to hold 43,514 BTC valued at over $5 billion upon its public listing. Other notable companies include Bitcoin Standard Treasury Company with 30,021 BTC, Riot Platforms holding 19,273 BTC, and Metaplanet with 18,113 BTC. Trump Media & Technology Group, CleanSpark, Coinbase, and Tesla also feature on the list, with Bitcoin holdings ranging from 11,509 to 15,000 BTC. These companies illustrate the changing landscape as traditional firms increasingly recognize Bitcoin as a legitimate asset for reserves.

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