The post Best Crypto to Buy Now as Public Firms Boost Bitcoin Holdings by 16% appeared on BitcoinEthereumNews.com.

Crypto fund issuer Bitwise has released a report revealing that Bitcoin held on the books of publicly traded companies has increased by 16% in the first quarter of 2025. A total of 688K Bitcoins are now held, valued at approximately $57 billion. The number of companies holding Bitcoin has reached 79. This indicates a rising institutional interest in Bitcoin, which is bolstering confidence in crypto overall—prompting more people to explore the best crypto to buy now to capitalize on the recent surge. Top Companies Holding Bitcoin Among the many publicly traded companies, the top five holding Bitcoin include Strategy, which has over 528K BTC. Next is MARA Holdings with nearly 48K BTC. Rio Platforms comes third with over 16K, followed by CleanSpark with 12K, and Tesla in fifth place with around 11.5K BTC. A post on X has further highlighted key developments that have taken place recently. For one, the FASB rule is now in effect, allowing companies to hold Bitcoin at fair value. Other updates include the rebranding of MicroStrategy to Strategy, and MetaPlanet’s plan to acquire 10K BTC in 2025. GameStop is also about to become embroiled in Bitcoin trading, having raised over $1.6 billion. With current macroeconomic conditions deteriorating, Bitcoin is increasingly seen as a hedge against recession and volatility. And with publicly traded companies entering the decentralized economy, investors are more motivated than ever to seek out top crypto picks. But the question remains—which is the best crypto to buy now? Best Crypto to Buy Now – Top Investor Picks in 2025 With Bitcoin holding support around the $84K level, the investor space is amped about the next big breakout. $88K is the token’s immediate resistance currently, and there is hope that once BTC crosses this threshold, it could make its way to a new all-time…

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Filed under: News - @ April 15, 2025 9:25 am