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Top Public Companies Holding Bitcoin Treasuries: 2025 Update on Corporate Adoption

Top Public Companies Holding Bitcoin Treasuries: 2025 Update on Corporate Adoption

In a recent update that's buzzing in the crypto world, Crypto.com's Research & Insights team shared some eye-opening stats on X (formerly Twitter). As of October 7, 2025, a whopping 200 public companies have stacked up more than 1,040,936 Bitcoin (BTC), valued at around $129.58 billion. That's nearly 5% of Bitcoin's entire supply! This move signals a major shift in how traditional businesses are viewing digital assets as a smart addition to their balance sheets.

For those new to the term, a "Bitcoin treasury" refers to companies holding BTC as part of their corporate reserves, much like they might hold cash or gold. It's a hedge against inflation and a bet on Bitcoin's long-term value. The data comes from Crypto.com's handy research dashboard, which tracks these holdings in real-time.

Leading the Pack: Top Bitcoin Holders

The leaderboard is dominated by U.S.-based firms, with MicroStrategy at the forefront. Here's a quick rundown of the top 10:

  • MicroStrategy (MSTR)​: Holding 640,000 BTC worth $79.678 billion, that's 3.05% of total supply.
  • MARA Holdings Inc. (MARA)​: 53,000 BTC valued at $6.658 billion (0.25%).
  • XXI (CEP)​: 44,000 BTC at $5.428 billion (0.21%).
  • Metaplanet Inc. (MTPLF)​: 31,000 BTC worth $3.348 billion (0.15%).
  • Bitcoin Standard Treasury Company (CEPO)​: 30,000 BTC at $3.748 billion (0.14%).
  • Bullish (BLSH)​: 24,000 BTC valued at $3.028 billion (0.12%).
  • Riot Platforms Inc. (RIOT)​: 19,000 BTC at $2.408 billion (0.09%).
  • Trump Media & Technology Group Corp. (DJT)​: 15,000 BTC worth $1.678 billion (0.07%).
  • CleanSpark Inc. (CLSK)​: 13,000 BTC at $1.628 billion (0.06%).
  • Coinbase Global Inc. (COIN)​: 12,000 BTC valued at $1.478 billion (0.06%).

This snapshot highlights how diverse sectors—from tech to mining—are diving into BTC. MicroStrategy, for instance, has been a vocal advocate, treating Bitcoin as its primary treasury asset under CEO Michael Saylor's influence.

Screenshot of Bitcoin Treasury Companies dashboard showing top holders as of October 7, 2025

Why This Matters for Crypto Enthusiasts

This corporate adoption isn't just numbers on a screen; it's a vote of confidence in Bitcoin's staying power. With Bitcoin's supply capped at 21 million, having almost 5% locked up by public companies could influence market dynamics, potentially reducing available supply and driving up prices during bull runs. It's also a bridge between traditional finance and crypto, making BTC more mainstream.

If you're into meme tokens or broader blockchain plays, keep an eye on this trend. Companies like these could inspire meme-inspired projects around corporate treasuries or even satirical takes on "Bitcoin hoarding." For deeper dives, head over to the original tweet thread or explore Crypto.com's full dataset.

Looking Ahead

As more firms join the fray, expect updates to this list. Whether it's nation-states or smaller enterprises, the Bitcoin treasury movement is gaining momentum. Stay tuned to Meme Insider for more on how these developments intersect with the wild world of meme coins and blockchain innovations.

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