Corporate Bitcoin Holdings Top $107 Billion as Institutions Adopt Crypto
Corporate Bitcoin treasuries have become a significant part of institutional crypto adoption. According to BitcoinTreasuries data, 196 public companies collectively hold about 1.27 million BTC, worth roughly USD 107 billion at a Bitcoin price near USD 84,000. Strategy dominates the category with 847,666 BTC, followed by Twenty One Capital with 43,514 BTC, Metaplanet with 43,000 BTC and MARA Holdings with 35,577 BTC.
Companies can hold Bitcoin for different reasons. Some view its capped supply as a potential long-term store of value, while others use BTC as part of a capital-allocation strategy. Strategy was the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset and has seen its holdings grow 11% to 847,666 BTC.
Bitcoin can also provide financial flexibility. MARA reported holding 35,577 BTC as of September 30, including 9,270 BTC loaned or pledged as collateral. The company expects to monetize Bitcoin opportunistically to fund operations, provide liquidity and support capital projects.