Corporate adoption of Bitcoin is accelerating, with 35 publicly traded companies now holding at least 1,000 BTC each, signaling growing institutional interest in the world’s largest cryptocurrency.
Demand for Bitcoin (BTC) soars among public companies four months after US President Donald Trump’s executive order outlined the creation of a federal Bitcoin reserve for the world’s largest economy.
According to Chris Kuiper, vice president of research at Fidelity Digital Assets, at least 35 public companies have now surpassed 1,000 BTC in holdings on their balance sheets, worth more than $116 billion at the time of writing, up from 24 companies at the end of Q1.
The growing Bitcoin-holding companies signal a “notable increase in Bitcoin exposure,” said Kuiper in a Thursday X post. “Bitcoin purchases became more widely distributed across public companies rather than concentrated among a few large buyers,” he added.
Fidelity’s data was published shortly after Bitcoin flipped Amazon’s $2.3 trillion market capitalization to become the world’s fifth-largest asset by total valuation, Cointelegraph reported on July 14.
Following the new wave of institutional buying, over 278 public entities are now holding Bitcoin, up from 124 just weeks ago, according to BitcoinTreasuries.NET.
The US leads all countries with 94 public entities holding Bitcoin, followed by Canada with 40 and the UK with 19 public BTC holding entities.
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Corporate Bitcoin investments rise 35% in Q3 2025
The growing institutional accumulation saw total Bitcoin purchases increase 35% quarter-on-quarter, from 99,857 BTC in the first quarter of 2025 to 134,456 BTC in the second quarter.
“Not only did the total purchases increase from Q1 to Q2 of 2025 […], but there are a lot more companies doing the buying,” said Fidelity’s Kuiper.
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Bitcoin’s open interest, which is near record levels, also points to growing institutional engagement, according to Iliya Kalchev, dispatch analyst at digital asset platform Nexo.
“Open interest in Bitcoin futures remains elevated above $45 billion, just shy of its historical peak, pointing to continued institutional engagement and speculative leverage,” the analyst told Cointelegraph, adding that the “short-term trend remains sideways, but positioning suggests markets are bracing for a pivotal stretch.”
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