Public companies are going all-in on Bitcoin. In the first quarter of 2025 alone, they’ve bought nearly 100,000 BTC, bringing the total amount held by these firms to a whopping 688,000 BTC – that’s worth around $56.7 billion. According to data from crypto asset manager Bitwise, this marks a 16% jump in crypto holdings by public companies compared to the previous quarter.
12 New Companies Join the Bitcoin Club
It’s not just the regular crypto-savvy firms making these moves. 12 public companies bought Bitcoin for the first time this year, bringing the total number of Bitcoin-holding public firms to 79.
One of the biggest surprises came from Hong Kong construction company Ming Shing, whose subsidiary Lead Benefit bought 833 BTC in two rounds — 500 BTC in January and 333 BTC in February.
Video-sharing platform Rumble came in second among new buyers, adding 188 BTC to its balance sheet in March. And in one of the more curious moves, HK Asia Holdings Limited, also based in Hong Kong, bought just 1 Bitcoin in February — yet their stock nearly doubled in price the same day.
Japanese Company Buys the Dip
Not all the action came from newcomers. Japanese investment firm Metaplanet announced on April 14 that it bought another 319 BTC, paying an average of about ¥11.8 million (or $82,770) per coin — slightly below current prices.
This latest buy brings Metaplanet’s total stash to 4,525 BTC, worth around $383 million at today’s price. Since they started accumulating, the company has spent nearly ¥58.1 billion (about $406 million) on Bitcoin.
That makes Metaplanet the 10th largest Bitcoin-holding public company worldwide — just behind Jack Dorsey’s Block, Inc., which owns 8,480 BTC.
Bitcoin Price Bounces Back
As of April 15, Bitcoin is trading at around $85,787, showing a 2.5% increase since the end of Q1 (March 31). Just last week, it briefly dipped below $75,000 after a market-wide selloff triggered by new global tariffs announced by former US President Donald Trump.
But since then, prices have bounced back nicely, helped by growing corporate interest and continued demand from both institutions and retail investors.
By the end of Q1, the combined value of Bitcoin held by public companies had climbed by 2.3%, even with all the market drama — showing that many firms still see BTC as a solid store of value in uncertain times.
