{"id":11117,"date":"2025-04-15T23:59:29","date_gmt":"2025-04-15T21:59:29","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=11117"},"modified":"2025-04-15T23:59:29","modified_gmt":"2025-04-15T21:59:29","slug":"surge-in-bitcoin-adoption-public-companies-boost-their-holdings-in-the-first-quarter","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/15\/surge-in-bitcoin-adoption-public-companies-boost-their-holdings-in-the-first-quarter\/","title":{"rendered":"Surge in Bitcoin Adoption: Public Companies Boost Their Holdings in the First Quarter"},"content":{"rendered":"

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Trusted Editorial<\/u> material, evaluated by eminent industry specialists and experienced editors. Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n

Publicly traded companies have added nearly 100,000 Bitcoin to their assets during the first quarter of 2025, elevating total corporate Bitcoin reserves to an astounding 688,000 BTC valued at $56.7 billion. As per data from crypto fund issuer Bitwise<\/a>, this indicates a 16% rise in overall crypto holdings by publicly listed firms.<\/p>\n

12 New Corporate Buyers Join The Market<\/strong><\/h2>\n

The Bitcoin purchasing frenzy extended beyond current crypto investors. Twelve public firms procured Bitcoin for the first time during Q1, increasing the total number of Bitcoin-holding public companies to 79.<\/p>\n

Hong Kong construction enterprise Ming Shing spearheaded the new acquisitions, with its subsidiary Lead Benefit procuring 833 BTC through two distinct transactions \u2013 an initial purchase of 500 BTC in January, followed by 333 BTC in February.<\/p>\n

Video platform Rumble was the second-largest new purchaser, adding 188 BTC to its reserves in mid-March. In a surprising move that astonished market observers, Hong Kong investment firm HK Asia Holdings Limited bought just one Bitcoin in February \u2013 a modest investment that nevertheless led to a nearly twofold increase in its share price in a single trading day.<\/p>\n

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Companies are acquiring bitcoin, Q1 2025 edition. pic.twitter.com\/qZc62N8vu5<\/a><\/p>\n

\u2014 Bitwise (@BitwiseInvest) April 14, 2025<\/a><\/p>\n<\/blockquote>\n

Japanese Firm Secures Purchase At A Discount<\/strong><\/h2>\n

While new players grabbed headlines, existing Bitcoin holders also reinforced their stakes. Japanese investment firm Metaplanet<\/a> revealed on April 14 that it had acquired an additional 319 BTC at an average price of 11.8 million yen (approximately $82,770) per coin.<\/p>\n

BTC market capitalization currently at $1.71 trillion. Chart: TradingView<\/a><\/figcaption><\/figure>\n

This latest acquisition brings Metaplanet\u2019s total Bitcoin holdings to 4,525 BTC, currently estimated at around $383.2 million. The company has invested nearly $406 million (58.145 billion yen) enhancing its crypto portfolio.<\/p>\n

Based on present holdings, Metaplanet is now the 10th largest public company crypto holder globally, standing behind Jack Dorsey\u2019s Block, Inc<\/a>., which possesses 8,480 BTC.<\/p>\n

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BTC is reclaiming the green zone in the past week. Source: Coingecko<\/pre>\n
Bitcoin Price Recovers After Short Decline<\/strong><\/h3>\n
Bitcoin is trading at approximately $85,787<\/a> as of April 15, indicating a strong performance over the previous 24 hours according to CoinGecko data. The cryptocurrency has appreciated roughly 2.5% since the conclusion of Q1 on March 31.<\/p>\n
The price has rebounded from a brief dip below $75,000 on April 7. This temporary decline followed a wider market selloff prompted by a new set of global tariffs introduced by US President Donald Trump.<\/p>\n
The rising corporate interest in the leading crypto arises as more firms seek to diversify their treasury investments. The cumulative value of public companies\u2019 Bitcoin increased by about 2.3% during the first quarter, nearing $57 billion with BTC priced at $82,400 by the quarter’s end.<\/p>\n
Featured image from Crews Bank, chart from TradingView<\/em><\/p>\n
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