Public Companies Increase Bitcoin Holdings to Over $200 Billion

TLDR

• 64 companies now hold Bitcoin, with a total value over $200 billion.
• Semler Scientific plans to raise $500 million for Bitcoin investments.
• Metaplanet aims to acquire 10,000 BTC as part of its strategy.

Recent data reveals that 64 publicly traded companies are holding Bitcoin on their balance sheets. This development signifies an increase in institutional adoption. Sources like Bitbo and BitcoinTreasuries report a steady rise in corporate Bitcoin holdings, with 26 new companies joining the ranks in June 2025.

Key players in this trend include companies from diverse sectors. These include BitFuFu, a miner based in Singapore; US miner Cipher Mining; tech firm KULR Technology Group; and others like MARA Holdings, Riot Platforms, CleanSpark, and Tesla. Additionally, Japanese firm Metaplanet is among these adopters. While exchanges such as Binance and Robinhood hold significant Bitcoin reserves, these assets are managed on behalf of users rather than being corporate treasury assets.

Increasing Diversity in Bitcoin Adopters

The companies involved stem from various backgrounds, including crypto mining and technology sectors. Firms like BitFuFu, Cipher Mining, MARA Holdings, Riot Platforms, and CleanSpark have a history of exposure to digital assets. Meanwhile, tech-centric new entrants like KULR focus on treasury diversification. There are also traditional companies such as Metaplanet, GameStop, and Intesa Sanpaolo S.p.A joining the trend, often citing innovation in cash management and hedging against inflation as their motivations.

Eric Semler, Chairman of Semler Scientific, expressed enthusiasm for Bitcoin acquisitions on Twitter: “We have reached a settlement in principle, EXCITED TO BUY MORE BTC!” In a follow-up interview, he mentioned, “We own a lot of Bitcoin and that Bitcoin appreciates. What matters most is that we create shareholder value… We’re early in accumulating Bitcoin, and we’re gonna continue to do that.”

Allocations and Funding Strategies

The cumulative Bitcoin holdings by these companies have surpassed $200 billion USD. Metaplanet has declared intents to acquire 10,000 BTC. Additionally, Semler Scientific aims to raise $500 million to further invest in Bitcoin purchases. GameStop has set aside $1.5 billion for potential Bitcoin investments, which is part of their Project Rocket initiative.

This focused strategy has led to notable Bitcoin activity, leaving an indelible mark on corporate treasury practices. According to regulatory bodies like the SEC, these transactions and future strategies are disclosed in official filings. You can review the SEC Filing: Amended Registration Statement Form F-1 for more information.

Bitcoin’s Predominance over Altcoins in Treasury Strategies

Bitcoin, or BTC, is the major asset influenced by this trend. There has been no report of these public companies similarly allocating resources to Ethereum (ETH) or other significant altcoins in their primary disclosures. On-chain data shows a shift as more Bitcoin moves from exchanges into corporate cold storage. This trend reduces the circulating supply on exchanges and supports increased HODL metrics. However, there’s no quantifiable evidence in these reports about shifts in Ethereum or other digital assets.

For a closer examination of the distribution and adoption trends of Bitcoin, you can explore the Analysis of Bitcoin Rich List and Holder Distribution. No substantial changes in total value locked (TVL) or staking flows tied to Ethereum or other altcoins have been mentioned concerning these corporate activities.

Reflecting on Historical Institutional Investment in Bitcoin

Historically, Bitcoin purchases by corporations like MicroStrategy, Tesla, and Square in 2020–2021 triggered a short-term price increase and sparked institutional FOMO. Media coverage and positive market sentiment commonly followed corporate allocations to Bitcoin. While the current wave of adopters hints at similar trends, the primary influence remains on Bitcoin.

Corporate adoption of Bitcoin is a significant factor in bullish market anticipation. As publicly traded companies continue their focus on Bitcoin without extending to major DeFi or Layer 1/Layer 2 tokens, Bitcoin maintains its position as the leading digital asset for corporate treasury management. More updates on this topic can be found in related updates from Bitcoin Treasuries.