Strategy leads public firms in BTC acquisition during Q1 2025
The post Strategy leads public firms in BTC acquisition during Q1 2025 appeared on BitcoinEthereumNews.com.
Public companies purchased 95,431 BTC worth approximately $8.14B in Q1 2025 and were now raising billions to invest in more Bitcoin. Strategy led the list of corporate BTC accumulators, but more public companies followed the same playbook at smaller scales. A Bitwise report revealed that publicly traded companies held roughly 688K BTC by the end of March, representing a 16.1% quarter-on-quarter surge. Total corporate BTC holdings represented a 2.15% increase in total value from the previous quarter and 3.28% of the 21M BTC supply. The increase in holdings pushed the total value of Bitcoin held by public firms to approximately $56.7B, based on an average BTC price of $82,445. The report also revealed that 12 new companies added Bitcoin to their treasuries for the first time during Q1 2025, increasing the total number of publicly traded firms accumulating BTC to 79. Hong Kong-based Ming Shing was the largest new buyer. Its subsidiary, Lead Benefit, acquired 833 BTC in two separate purchases in January and February. Strategy leads public firms in BTC acquisition during Q1 2025 CryptoQuant data revealed that Strategy (formerly known as MicroStrategy) added 81,785 BTC in Q1 2025, spending slightly above $8 billion. It also spent $1.4 billion to acquire 15,355 Bitcoin from April 21 to April 28, bringing its total holdings to 553,555 BTC worth over $52 billion based on BTC’s price of over $95K at the time. Strategy bought 1,895 more BTC during the week of April 28 to May 4, 2025, at an average price of $95,167, bringing its total holdings to 555,450 BTCs valued at around $57.7 billion based on BTC price at the time. Rumble made headlines with a 188 BTC buy in March, while another unexpected entrant, HK Asia Holdings Limited, bought just one Bitcoin in February, which doubled its share price…
Filed under: News - @ May 31, 2025 3:26 pm