Corporate Bitcoin Holdings Surge to $85 Billion: Here's Why
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A growing number of companies are holding BTC, with 116 public companies owning approximately 809,100 BTC, equivalent to around $85 billion. This is a considerable rise from just 312,200 BTC a year earlier.
The reason for the major increase in Bitcoin accumulation is due to various factors. The recent surge in Bitcoin’s value has prompted many more companies to include it in their portfolios. The ongoing support for cryptocurrency by President Donald Trump has created more interest in the sector.
After Trump was elected, the U.S. government began to support policies that are beneficial for the crypto industry. For instance, the SEC has stopped pursuing many lawsuits against leading crypto firms. The Trump administration has also established a Strategic Bitcoin Reserve and a Digital Asset Stockpile, demonstrating its support for Bitcoin.
Binance Research points out that the number of companies buying Bitcoin increased after Trump’s victory in November. The increase in Bitcoin’s cost and supportive measures from the authorities have encouraged businesses to purchase more.
Another key driver behind this trend is the Financial Accounting Standards Board’s (FASB) introduction of new fair-value accounting rules. The new rules enable businesses to recognize any gains on their Bitcoin investments, which prompts more companies to purchase cryptocurrency. Due to this change, many companies can now include Bitcoin in their financial statements more easily.
While most corporate treasuries still prioritize Bitcoin, interest in other digital assets is growing. Some firms are now exploring alternatives such as Ethereum and Solana. SharpLink has announced plans to invest $425 million to build an Ethereum treasury, highlighting the growing corporate interest in digital assets beyond Bitcoin.
Despite increased interest in other cryptocurrencies, Bitcoin remains the market leader. Different types of digital assets, such as tokenized real-world assets (RWAs), have also performed well recently. According to Binance, RWAs increased by 260% this year, reaching $23 billion.
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