TLDR
- Bitcoin holdings by public companies increased 16.1% in Q1 2025, reaching 688,000 BTC worth $56.7 billion
- 12 new companies bought Bitcoin for the first time, bringing total public firms holding BTC to 79
- Hong Kong’s Ming Shing was the largest first-time buyer with 833 BTC through its Lead Benefit subsidiary
- Japanese firm Metaplanet purchased another 319 BTC, bringing its total to 4,525 BTC worth $383.2 million
- Bitcoin’s price has recovered from an April 7 dip below $75,000 to around $84,440 currently
Public companies worldwide have increased their Bitcoin holdings by 16.1% during the first quarter of 2025. According to data released by crypto fund issuer Bitwise, these firms added 95,431 BTC to their treasuries during this period. The total Bitcoin held by publicly listed companies now stands at 688,000 BTC.
The value of these combined holdings reached $56.7 billion by the end of March, based on a price of $82,445 per Bitcoin. This represents a 2.2% increase in dollar value over the quarter. The number of public companies holding Bitcoin on their books has now grown to 79.
At least twelve public companies bought Bitcoin for the first time during Q1. This growing corporate interest comes as Bitcoin has maintained relatively stable price levels above $80,000 for much of 2025.
Companies are buying bitcoin, Q1 2025 edition. pic.twitter.com/qZc62N8vu5
— Bitwise (@BitwiseInvest) April 14, 2025
New Entrants to the Bitcoin Space
Hong Kong construction firm Ming Shing emerged as the quarter’s largest first-time Bitcoin buyer. Its subsidiary Lead Benefit purchased a total of 833 BTC through two separate transactions. The company made an initial purchase of 500 BTC in January, followed by another 333 BTC in February.
Video platform Rumble took the second spot among new Bitcoin holders. The company, which positions itself as an alternative to YouTube, bought 188 BTC in mid-March.
One of the more unusual first-time buyers was Hong Kong investment firm HK Asia Holdings Limited. The company purchased just a single Bitcoin in February. Despite the modest purchase, the announcement had a major impact on the company’s stock price, which nearly doubled in value during a single trading day.
These new entrants represent a diverse range of industries adopting Bitcoin as part of their financial strategy. The trend suggests Bitcoin is gaining acceptance as a treasury asset across various business sectors.
Metaplanet Deepens Its Bitcoin Position
Japanese investment firm Metaplanet has further increased its Bitcoin holdings with a recent purchase. In an April 14 announcement, the company revealed it had acquired an additional 319 Bitcoin at an average price of 11.8 million yen (approximately $82,770) per coin.
This latest acquisition brings Metaplanet’s total Bitcoin holdings to 4,525 BTC. At current prices, these holdings are valued at around $383.2 million. The company has spent a total of 58.145 billion yen (nearly $406 million) to build its Bitcoin stack.
Metaplanet now ranks tenth among public companies worldwide in terms of Bitcoin holdings. It trails behind Block, Inc. (formerly Square), which holds 8,485 BTC according to data from Coinkite.
The Japanese firm’s stock performance has shown some correlation with its Bitcoin announcements. After disclosing its latest Bitcoin purchase on April 14, Metaplanet’s stock closed up 3.71%. However, by the lunch break on April 15, the stock had declined by 0.5%.
Market Performance and Recovery
Bitcoin has shown resilience in the face of recent market pressures. The cryptocurrency is currently trading around $84,440, remaining flat over the past 24 hours according to CoinGecko data.
Since the end of Q1 on March 31, Bitcoin has gained approximately 2.3% in value. This represents a recovery from an April 7 low, when prices dipped below $75,000.
The early April price drop coincided with broader market uncertainty. This was triggered by a new round of global tariffs imposed by the United States, which affected market sentiment across various asset classes.
Despite these external pressures, Bitcoin has managed to regain ground. The recovery demonstrates the asset’s ability to withstand short-term market disruptions while maintaining its longer-term upward trajectory.
The increasing corporate adoption of Bitcoin continues to provide support for the market. As more public companies add the cryptocurrency to their balance sheets, this institutional backing helps stabilize the asset’s value proposition.
The trend of corporate Bitcoin acquisition shows no signs of slowing. With nearly 100,000 BTC added to public company treasuries in just three months, institutional demand remains a key driver of the cryptocurrency market in 2025.
