You Won't Believe Which 10 Public Companies Are Hoarding $Billions in Bitcoin—#3 Will Shock You!

For years, the notion that publicly traded corporations would hold Bitcoin in their reserves seemed almost far-fetched. The cryptocurrency, often regarded as too volatile and too fringe, didn't appear to fit the profiles of serious business investments. However, this taboo has shattered, as a growing number of institutional investors have begun buying up Bitcoin.

The pivotal moment came in August and September 2020, when cloud software company MicroStrategy made headlines by purchasing $425 million worth of Bitcoin. This bold move opened the floodgates, encouraging other major players—such as payment processor Block and electric car manufacturer Tesla—to follow suit.

As reported by BitcoinTreasuries, public companies now hold approximately 5.39% of the total Bitcoin supply, which is capped at 21 million BTC. Among the largest corporate holders, several stand out for their aggressive Bitcoin strategies.

The Bitcoin Strategy

Formerly known as MicroStrategy, the analytics platform has transformed itself into a Bitcoin treasury company, with co-founder Michael Saylor at the helm. As of the latest reports, the firm holds an astounding 780,897 BTC, valued at around $59 billion, representing more than 3.7% of all Bitcoin ever issued. During its Q1 2024 earnings call, Saylor claimed that adopting a "Bitcoin strategy" has allowed the company to outperform competitors in the business intelligence sector by 10 to 30 times.

Saylor has also been open about his personal investment, revealing he owns 17,732 BTC, now worth over $1.3 billion. This shift is notable, especially considering Saylor’s earlier skepticism about Bitcoin’s longevity back in 2013. “We're at the beginning of the stage of rapid institutional adoption of digital property in the form of Bitcoin,” he stated, suggesting that Bitcoin will increasingly compete with traditional asset classes like gold, art, equities, and real estate.

Underscoring his commitment, Saylor proclaimed, “We will be buying the top forever,” even envisioning the firm potentially acquiring 7% of the total Bitcoin supply. He assured investors that MicroStrategy can weather price downturns, stating, “I don’t think it’s going to zero, and I don’t think it’s going to $8,000 either.”

Other Institutional Players

Twenty One Capital, led by Jack Mallers, holds 43,513.12 BTC, worth around $3.3 billion. The firm has established a Bitcoin treasury through partnerships with major players like Tether and SoftBank. Twenty One’s mission is to differentiate itself by focusing solely on Bitcoin acquisition and related services, aiming to make the concept of inflation "irrelevant."

Another key player is Metaplanet, nicknamed the "Asian Strategy," which holds 40,177 BTC, valued at over $3 billion. The Tokyo-listed firm aims for an ambitious target of over 210,000 BTC by 2027 and has rebranded its hotel operations to the “Bitcoin Hotel.” In 2025, the firm expanded its presence by establishing a subsidiary in Miami, Florida.

The Bitcoin mining sector is also heavily involved. MARA (formerly Marathon Digital) has around 38,689 BTC, worth more than $2.9 billion. Originally a patent-holding firm, it pivoted to Bitcoin mining and is now exploring AI infrastructure. Following a strategic shift, MARA sold 15,133 BTC, valued at $1.1 billion, to reduce its debt while expanding its energy generation and research capabilities.

Similarly, Riot Platforms holds 15,680 BTC, worth nearly $1.2 billion. Although the company went through significant valuation fluctuations, it has aggressively expanded its operations. In 2025, Riot indicated it might need to sell more Bitcoin than anticipated to sustain its operations amid a volatile market.

Other notable holders include Coinbase, which has 15,389 BTC valued at approximately $1.17 billion, and Strive Asset Management, co-founded by former Republican candidate Vivek Ramaswamy, which holds 13,678 BTC worth over $1 billion. The latter raised $750 million to expand its Bitcoin holdings and acquired a smaller Bitcoin treasury firm, enhancing its market position.

Despite the challenges, the landscape of Bitcoin investment among public companies is shifting dramatically. Firms are not merely holding Bitcoin; they are integrating it into their core strategies, signaling a broader acceptance of the cryptocurrency as a legitimate asset class. As Saylor and others continue to push the narrative of Bitcoin as a tool for wealth preservation and creation, the implications for both the cryptocurrency market and traditional finance are profound. The question remains: how far will this institutional adoption go, and what will it mean for the future of Bitcoin?