This year has seen a huge jump in the number of public companies adding Bitcoin to their investments.
Bitcoin’s Growing Corporate Appeal
According to Blockware Intelligence, the number of public companies holding Bitcoin soared by 120% in 2025, reaching a total of 141. They predict at least 36 more companies will join the Bitcoin club by the end of 2025, a 25% increase. This means even more companies are bridging the gap between traditional finance and the crypto world. The first half of 2025 alone saw companies purchase over 159,107 BTC – a record!
The Big Players Still Dominate
Michael Saylor’s company still holds the top spot, with a massive 597,325 BTC – that’s about twelve times more than the second-largest holder, MARA Holdings. These two companies alone account for the majority of Bitcoin held by public companies.
Risky Business?
Blockware notes that many of these new Bitcoin investors are either new companies or those facing financial difficulties. For struggling businesses, Bitcoin’s potential high growth rate (estimated 40-50% annually) might seem more attractive than their current situation. However, this strategy is far from risk-free.
Potential Pitfalls
Experts like Glassnode’s James Check have warned that the easy profits from Bitcoin might be over for latecomers. Some analysts even suggest a “death spiral” risk for companies whose value is closely tied to their Bitcoin holdings. The next bear market will be a real test for these companies, especially if the value of their Bitcoin holdings drops.
The Future of Corporate Bitcoin
While the trend towards corporate Bitcoin adoption is undeniable, the future is uncertain. Larger, financially stable companies are likely to weather market fluctuations better than smaller ones. Whether this trend continues will depend on how well these Bitcoin investments perform when the market cools down. If the value holds, more companies will likely jump on board. If not, some companies could face serious financial trouble.