Corporate Bitcoin Holdings Nears $85B, More Than Doubling in a Year
Bitcoin BTC has taken deeper root in corporate treasuries, with 116 public companies now holding a combined 809,100 BTC, worth around $85 billion based on current prices, at the end of May.
That’s a dramatic rise from 312,200 BTC held a year ago in corporate treasuries, according to . Nearly 100,000 BTC has been added since early April alone.
The surge appears driven by a mix of rising prices and structural tailwinds. Donald Trump adopted a pro-crypto stance during his 2024 presidential campaign, vowing to make the U.S. a global hub for the asset class and create a “crypto capital of the planet.”
Since Trump took office he has moved to establish a Strategic Bitcoin Reserve and a , while the U.S. Securities and Exchange Commission has dropped numerous lawsuits against major crypto firms..
Binance’s report shows that bitcoin treasury accumulation grew in November, when .
Adding to that, new fair-value accounting rules by the Financial Account Standards Board (FASB) this year allow companies to recognize gains on BTC holdings, removing a longstanding deterrent.
Newer entrants including (GME) and PSG have recently started accumulating BTC as a well, yet Strategy still holds the lion’s share of BTC in corporate treasuries, with over 70% of holdings.
Some companies are also tiptoeing into other assets. SharpLink holds $425 million in ETH, while and are betting on solana SOL. China-based firm Webus recently filed for a
Still, these altcoin holdings remain relatively small and are often tied to firms trying to rebrand as token-forward entities, Binance noted.
Binance’s report also flagged the rapid rise of tokenized real-world assets (RWAs), which have climbed more than 260% from $8.6 billion to $23 billion this year.
