Public Companies Boost Bitcoin Holdings by 16% in Q1 2025: Bitwise
Publicly traded companies increased their Bitcoin holdings by 16.1% in the first quarter of 2025, signaling continued institutional interest in the leading cryptocurrency despite market volatility.
According to crypto asset manager Bitwise, total corporate Bitcoin holdings climbed to approximately 688,000 BTC by the end of Q1, with companies adding 95,431 BTC over the three-month period.
Bitwise reported the combined value of these holdings reached $56.7 billion, based on a Q1 closing price of $82,445 per Bitcoin—representing a 2.2% increase in value.
Public Companies Holding Bitcoin Rises to 79, with 12 New Entrants in Q1
The number of public companies with Bitcoin on their balance sheets also rose, from 67 to 79, with 12 firms making their first Bitcoin purchases during the quarter.
Among the new entrants was Hong Kong-based construction group Ming Shing, whose subsidiary Lead Benefit acquired a total of 833 BTC in two transactions.
Another notable buyer was video platform Rumble, which purchased 188 BTC in March.
Interestingly, Hong Kong investment firm HK Asia Holdings Limited bought just a single Bitcoin in February, yet saw its share price nearly double following the announcement.
Meanwhile, Japanese firm Metaplanet added 319 BTC at an average price of 11.8 million yen ($82,770) per coin, bringing its total holdings to 4,525 BTC—valued at approximately $383.2 million.
The company has spent nearly $406 million in total on its Bitcoin purchases to date.
Following the announcement, Metaplanet’s stock rose 3.71% on April 14, before edging slightly lower the next trading day.
With its recent acquisition, Metaplanet now ranks as the tenth-largest public holder of Bitcoin, just behind Block, Inc.—Jack Dorsey’s fintech company—which holds 8,485 BTC, according to Coinkite data.
Bitcoin’s price has remained relatively stable in April, trading around $84,440 as of April 15, according to CoinGecko.
The cryptocurrency has rebounded by about 2.3% since the end of March, following a temporary dip below $75,000 on April 7, which was triggered by renewed global tariff tensions.
The steady accumulation of Bitcoin by public companies suggests growing confidence in the asset’s long-term value, even amid ongoing regulatory and macroeconomic uncertainty.
47 Bitcoin Reserve Bills Emerge Across 26 States
The adoption of Bitcoin has also found momentum statewide in the U.S.
According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states, with 41 currently active.
Just recently, Kentucky Governor Andy Beshear officially signed House Bill 701, known as the “Bitcoin Rights” bill, into law—making the state one of the latest to enact legislation protecting digital asset users and operations.
Other states are making similar moves. Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203), introduced by Representative Cody Maynard, recently passed the House with a 77-15 vote and is awaiting a Senate decision.
According to Bitcoin Laws, Oklahoma now ranks alongside Texas in second place in the race to establish state-level Bitcoin reserves.
Missouri is also in the mix, with its Special Committee on Intergovernmental Affairs reviewing its own Bitcoin reserve proposal.
Likewise, two key Bitcoin bills in Arizona cleared the House Rules Committee on March 24.
The post Public Companies Boost Bitcoin Holdings by 16% in Q1 2025: Bitwise appeared first on Cryptonews.
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Public Companies Boost Bitcoin Holdings by 16% in Q1 2025: Bitwise
Publicly traded companies increased their Bitcoin holdings by 16.1% in the first quarter of 2025, signaling continued institutional interest in the leading cryptocurrency despite market volatility.
According to crypto asset manager Bitwise, total corporate Bitcoin holdings climbed to approximately 688,000 BTC by the end of Q1, with companies adding 95,431 BTC over the three-month period.
Bitwise reported the combined value of these holdings reached $56.7 billion, based on a Q1 closing price of $82,445 per Bitcoin—representing a 2.2% increase in value.
Public Companies Holding Bitcoin Rises to 79, with 12 New Entrants in Q1
The number of public companies with Bitcoin on their balance sheets also rose, from 67 to 79, with 12 firms making their first Bitcoin purchases during the quarter.
Among the new entrants was Hong Kong-based construction group Ming Shing, whose subsidiary Lead Benefit acquired a total of 833 BTC in two transactions.
Another notable buyer was video platform Rumble, which purchased 188 BTC in March.
Interestingly, Hong Kong investment firm HK Asia Holdings Limited bought just a single Bitcoin in February, yet saw its share price nearly double following the announcement.
Meanwhile, Japanese firm Metaplanet added 319 BTC at an average price of 11.8 million yen ($82,770) per coin, bringing its total holdings to 4,525 BTC—valued at approximately $383.2 million.
The company has spent nearly $406 million in total on its Bitcoin purchases to date.
Following the announcement, Metaplanet’s stock rose 3.71% on April 14, before edging slightly lower the next trading day.
With its recent acquisition, Metaplanet now ranks as the tenth-largest public holder of Bitcoin, just behind Block, Inc.—Jack Dorsey’s fintech company—which holds 8,485 BTC, according to Coinkite data.
Bitcoin’s price has remained relatively stable in April, trading around $84,440 as of April 15, according to CoinGecko.
The cryptocurrency has rebounded by about 2.3% since the end of March, following a temporary dip below $75,000 on April 7, which was triggered by renewed global tariff tensions.
The steady accumulation of Bitcoin by public companies suggests growing confidence in the asset’s long-term value, even amid ongoing regulatory and macroeconomic uncertainty.
47 Bitcoin Reserve Bills Emerge Across 26 States
The adoption of Bitcoin has also found momentum statewide in the U.S.
According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states, with 41 currently active.
Just recently, Kentucky Governor Andy Beshear officially signed House Bill 701, known as the “Bitcoin Rights” bill, into law—making the state one of the latest to enact legislation protecting digital asset users and operations.
Other states are making similar moves. Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203), introduced by Representative Cody Maynard, recently passed the House with a 77-15 vote and is awaiting a Senate decision.
According to Bitcoin Laws, Oklahoma now ranks alongside Texas in second place in the race to establish state-level Bitcoin reserves.
Missouri is also in the mix, with its Special Committee on Intergovernmental Affairs reviewing its own Bitcoin reserve proposal.
Likewise, two key Bitcoin bills in Arizona cleared the House Rules Committee on March 24.
The post Public Companies Boost Bitcoin Holdings by 16% in Q1 2025: Bitwise appeared first on Cryptonews.
Read More