Key Highlights:

• Companies such as Twenty One and GameStop have significantly added capital to the Bitcoin sector, enhancing both market sentiment and adoption.
• Businesses are increasingly viewing Bitcoin as a financial reserve, combining strategic investments with protection against economic fluctuations.

Corporate Bitcoin acquisition spiked in Q2, with public entities securing 159,107 BTC, raising their total holdings to 847,000 BTC worth approximately $91 billion per Bitwise. This marks a 23% increase in holdings since last quarter, encompassing 4% of Bitcoin’s capped supply of 21 million BTC. The average Bitcoin price has surged to $107,754, yielding a remarkable 61% rise in portfolio value compared to Q1.

Corporate Bitcoin Investments Corporations continue to stack Bitcoin

The number of publicly traded companies with Bitcoin holdings increased to 125, representing a 58% rise along with 46 new entrants. Strategy remains at the forefront with 597,325 BTC, succeeded by MARA Holdings with 49,940 BTC and newcomer Twenty One holding 37,230 BTC.

Additional growth catalysts include GameStop’s debut purchase of 4,710 BTC, indicating its entry into the cryptocurrency market. Furthermore, Trump Media unveiled intentions to raise $2.5 billion for Bitcoin investments, showcasing a rising interest from politically connected enterprises. Lastly, Metaplanet gained traction in trading volume, surpassing major players like Toyota and Sony, emphasizing the global corporate enthusiasm for Bitcoin.