TLDR

• Public companies increased Bitcoin holdings by 16.1% in Q1 2025, reaching 688,000 BTC ($56.7 billion)
• 12 firms bought Bitcoin for the first time, including Hong Kong’s Ming Shing subsidiary
• Japanese investment firm Metaplanet added 319 BTC, bringing its total to 4,525 BTC
• 79 public companies now hold Bitcoin on their balance sheets
• Bitcoin price remained steady at around $85,000 in mid-April after recovering from an early April dip

Public companies have increased their Bitcoin holdings by 16.1% during the first quarter of 2025, according to data released by crypto asset manager Bitwise.

The collective Bitcoin balance held by these firms reached 688,000 BTC following the addition of 95,431 BTC during the quarter.

At a reference price of $82,445 per coin, the value of these holdings stood at $56.7 billion. This growth occurred while Bitcoin traded steadily, hovering near $85,263 in mid-April. Bitwise reported that 79 public firms were holding Bitcoin as of the end of Q1.

Companies are buying bitcoin, Q1 2025 edition. pic.twitter.com/qZc62N8vu5

— Bitwise (@BitwiseInvest) April 14, 2025

New Corporate Buyers Enter the Market

The opening quarter of 2025 saw a dozen publicly listed companies add Bitcoin to their corporate treasuries for the first time. Leading this group was Lead Benefit, a subsidiary of Hong Kong construction company Ming Shing. The firm made two separate purchases — acquiring 500 BTC in January and an extra 333 BTC in February, bringing its total to 833 BTC.

Video platform Rumble joined the list of Bitcoin holders by acquiring 188 BTC in mid-March. This platform is known as an alternative to YouTube, popular with right-wing content creators.

A small but interesting case was HK Asia Holdings Limited, which purchased just a single Bitcoin in February. Despite the minimal amount, the company’s stock price nearly doubled in one trading session after the announcement.

Japanese Investment Firm Expands Holdings

Japanese investment firm Metaplanet added 319 BTC to its portfolio in April. This latest purchase brought its total Bitcoin ownership to 4,525 BTC. The recent acquisition was made at an average price of 11.8 million yen, or roughly $82,770 per coin.

The total market value of Metaplanet’s holdings is now estimated at $383.2 million. To date, the firm has spent 58.145 billion yen (about $406 million) on its Bitcoin acquisitions.

This places Metaplanet in tenth position globally among public firms holding Bitcoin. It ranks one position behind Block, Inc., which owns 8,485 BTC.

The firm’s stock rose by 3.71% after the announcement on April 14. It then saw a small decline of 0.5% during the April 15 morning trading session in Tokyo.

Market Stability Despite Global Tensions

Bitcoin’s price has stayed relatively steady over recent weeks. The cryptocurrency has recovered since its dip below $75,000 on April 7.

That decline followed global trade tensions and new tariffs introduced by the United States. Despite this broader market uncertainty, Bitcoin has risen around 2.3% since the end of Q1.

According to Bitwise, more companies are using Bitcoin as part of a broader capital allocation plan. The focus appears to be shifting from speculation to long-term positioning.

The steady increase in corporate Bitcoin holdings suggests that public firms continue to view digital assets as part of their financial strategy. With nearly 80 public companies now holding Bitcoin, the trend appears to be gaining momentum.

The largest public company holders maintain substantial positions. Block, Inc. holds 8,485 BTC, putting it ninth globally among public Bitcoin holders.

The continued entry of new corporate buyers indicates growing mainstream acceptance. When companies like HK Asia Holdings see their stock price double after buying just one Bitcoin, it demonstrates how market sentiment around corporate crypto holdings has evolved.

As of mid-April 2025, Bitcoin trades around $84,440. The price has remained flat over the past 24 hours according to market data from CoinGecko.

The overall pattern shows increased adoption by public companies. This comes despite regulatory uncertainty in many markets and ongoing volatility in the broader financial sector.