Bitcoin holdings of publicly traded companies skyrocketed 16.1% in the first quarter of 2025, according to a report from Bitwise. By the end of March, the total Bitcoin held by these companies reached around 688,000 BTC, equivalent to around $57 billion. This increase was driven by the purchase of 95,431 BTC over the quarter.
A total of 79 public companies currently own Bitcoin, 12 of which acquired cryptocurrencies for the first time in the first quarter. In particular, Hong Kong construction company Ming Shing has emerged as the biggest first buyer to buy 833 BTC through the major profits of its subsidiary.
This included the first purchase of 500 BTC in January, followed by an additional 333 BTC in February.
Rumble, a YouTube alternative preferred by far-right viewers, acquired 188 BTC in mid-March, becoming another important first-time owner. Meanwhile, HK Asia Holdings Limited created headlines by purchasing a single Bitcoin in February, nearly doubled the stock price on a single trading day.
Additionally, Japanese investment company Metaplanet has announced the purchase of 319 BTC, with an average price of 11.8 million yen, or approximately $82,770 each. The acquisition marked Metaplanet’s total Bitcoin holdings of 4,525 BTC, worth $383.2 million.
With a total spending of $406 million on Bitcoin, Metaplanet ranks as the 10th largest public company in terms of Bitcoin Holdings, Block, Inc., which holds 8,485 BTC. It’s behind.
As of April 15, Bitcoin was trading at around $85,625, recovering about 2.3% since the end of the first quarter after experiencing fluctuations due to recent global market pressures.