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By James Van Straten, AI Boost|Edited by Stephen Alpher
Sep 4, 2025, 2:55 p.m.

- Publicly traded companies collectively hold 1,000,632 BTC
- Strategy alone accounts for nearly two-thirds of those corporate bitcoin holdings.
Publicly traded companies now collectively hold more than 1 million BTC (1,000,632 BTC) worth around $110 billion, according to BTC Treasuries, underscoring the growing role of corporate adoption in the bitcoin market.
Strategy (MSTR) dominates the landscape with 636,505 BTC, accounting for about 63.6% of the total, while the top 10 companies combined hold 863,397 BTC, nearly 86%. Among other significant holders:
MARA Holdings (MARA, US) – 50,639 BTC
XXI (CEP, US) – 43,514 BTC
Bitcoin Standard Treasury (BSTR, US) – 30,021 BTC
Bullish (BLSH, US) – 24,000 BTC
Metaplanet Inc. (MTPLF, Japan) – 20,000 BTC
Riot Platforms (RIOT, US) – 19,239 BTC
Trump Media & Technology Group (DJT, US) – 15,000 BTC
CleanSpark (CLSK, US) – 12,703 BTC
Coinbase Global (COIN, US) – 11,776 BTC
The corporate accumulation trend began in earnest with Strategy in 2020, followed by Metaplanet in 2024, and appears to have hit a frenzied inflection point in 2025.
Things have cooled since, with bitcoin dominance easing to just above 58% and bitcoin retreating to below $110,000 after hitting a record high above $124,000.
Down another 2% on Thursday, Strategy is now lower by about 30% since hitting its 2025 peak in mid-July. Lower by another 8% today, Metaplanet has now shed about two-thirds of its value since its late-May high.
STORY CONTINUES BELOW
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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The bitcoin miner, 80% owned by Hut 8 and 20% by Trump family members, saw its stock slide below its $6.90 IPO price just one day after listing on Nasdaq.
What to know:
- American Bitcoin (ABTC) stock dropped below its IPO price just one day after debuting on the Nasdaq, falling 15% to $6.83.
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- ABTC’s post-merger equity raise of up to $2.1 billion signals aggressive expansion plans in an industry under pressure from rising energy costs and network competition.
