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Corporate Bitcoin reserves have doubled in the last 12 months
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The number of Bitcoins held by companies in their treasuries doubled in the last 12 monthsaccording to data released by Bradley Duke, executive at Bitwise.
This expansion highlights the growing corporate interest in Bitcoin and marks the beginning of a possible transformation in the use of cryptocurrencies in business strategies.
According to the numbers presented, corporate Bitcoin reserves went from 262,632 BTC in Q4 2023 to 590,649 BTC at the end of 2024. Currently, the amount has already reached 591,158 BTC.
Duke, who is also co-founder of ETC Group, said the trend is expected to accelerate in 2025, with more companies adopting cryptocurrency.
Bitcoin: big names enter the game
Prominent companies are leading the movement. The Japanese Metaplanet, for example, announced ambitious plans to increase your reserves from 1,762 BTC to 10,000 BTC in 2025.
Another company, Kurltechnologg, recently acquired 213.43 BTC for $21 millionincreasing its reserves to 430.61 BTC.
Despite the entry of new players, MicroStrategy remains the largest holder of Bitcoin among corporations. In 2024, the company led by Michael Saylor acquired 1,070 BTC for $101 millionincreasing its reserves to 447,470 BTC. This amount was acquired at a total cost of US$27.97 billion.
Additionally, the company announced a plan to raise US$2 billion in capitalwith the aim of further expanding its acquisitions. The FASB’s new accounting rules, which allow for the revaluation of cryptocurrencies every reporting period, should significantly benefit the MicroStrategyhighlighting the appreciation of its reserves.
With the price of Bitcoin rising and companies increasing their reserves, MicroStrategy shares have already registered 30% growth year-to-dateplacing it again between the 100 largest companies by market value.
This scenario highlights how Bitcoin is consolidating itself as a strategic tool for corporate treasuriessetting the stage for an even more promising 2025.
Corporate Bitcoin reserves have doubled in the last 12 months
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Corporate Bitcoin reserves have doubled in the last 12 months
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Corporate Bitcoin reserves have doubled in the last 12 months
