Public Firms Now Hold Over 1 Million Bitcoin for the First Time Ever

Bitcoin

Public Firms Now Hold Over 1 Million Bitcoin for the First Time Ever

Publicly traded companies have officially surpassed the milestone of collectively holding more than 1,000,000 BTC, a historic development that underscores the rapid institutional adoption of Bitcoin.

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Data from BitcoinTreasuries.net shows that listed firms now control just over 1 million BTC, cementing Bitcoin’s place as a key strategic asset for corporations worldwide. MicroStrategy (MSTR) leads the pack with a staggering 636,505 BTC, followed by Marathon Holdings (MARA) with 50,639 BTC and crypto investment firm XXII holding 43,514 BTC.

The list of major corporate holders includes Bitcoin Standard Treasury (30,021 BTC), Bullish (30,000 BTC), and Metaplanet (24,000 BTC). Traditional names like Tesla (11,509 BTC), Coinbase (11,776 BTC), and Block Inc. (8,692 BTC) also remain prominently positioned among the top holders.

This milestone reflects a broader shift in corporate finance strategy, where Bitcoin is increasingly being treated as a treasury reserve asset, akin to gold. Companies from various sectors—technology, mining, finance, and even healthcare—are accumulating BTC not only as a hedge against inflation but also as a bet on the long-term success of decentralized money.

The achievement comes at a time when market participants are closely watching Bitcoin’s price action ahead of the next halving and amid growing speculation about further institutional inflows through ETFs and traditional investment products.

With more than 1 million BTC now held in the hands of publicly traded firms, the supply available to retail and private investors continues to tighten, potentially setting the stage for heightened volatility and upward price pressure in the coming years.

If Bitcoin’s role as a digital reserve asset continues to grow, this milestone may be remembered as a turning point where corporations began competing alongside nations and funds for a share of the world’s most scarce digital asset.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Author

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

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