Corporate interest in Bitcoin surges as 36 new public companies adopt cryptocurrency within half a year, raising questions about the ongoing crypto boom.
Corporate Bitcoin Adoption Surges in 2025
The trend in corporate Bitcoin adoption among publicly traded companies has seen a significant surge in 2025, with a predicted 25% increase in the number of public companies holding Bitcoin on their balance sheets by the end of the year. This would bring the total to around 177 companies, reflecting a 120% surge this year alone in public company Bitcoin holdings[1].
Many of the new adopters are either newly established or struggling companies, choosing Bitcoin as an alternative treasury asset strategy, attracted by the potential for high returns (40% to 60% compound annual growth rate) without the operational risks of running their core business[1]. Large companies like Jack Dorsey’s Block continue to expand their Bitcoin holdings, emphasizing the so-called “Saylorization” trend, coined after MicroStrategy’s Bitcoin strategy, where companies adopt Bitcoin as a treasury asset for financial hedging and store of value purposes[4].
A related trend is the rapid growth among companies holding significant amounts, with the number of companies owning over 1000 BTC surging 45.8% in 2025, indicating growing institutional-scale adoption[2]. Public and private companies added over 107,000 BTC to their treasuries in July 2025 alone, pushing the total value of institutional Bitcoin holdings across tracked entities to $428 billion[3].
The rationale behind this growing corporate interest includes seeking a hedge against inflation and currency risk by diversifying treasury assets into Bitcoin, which is perceived as a scarce digital asset with potential for long-term value appreciation[1][4]. Some companies, especially those facing declining or stagnant core business prospects, view Bitcoin as a way to generate significant returns on retained earnings without operational risk[1].
Increased institutional legitimacy and regulatory advancements, such as US digital asset legislation, may also be encouraging CFOs, with surveys showing that a growing proportion of CFOs expect to use cryptocurrency in treasury or payment functions soon (up to 23%-40% planning usage in the next two years among larger firms)[5]. Despite concerns about price volatility (noted by 43% of CFOs), the accelerating accumulation of Bitcoin by companies suggests a confidence in its strategic value beyond short-term price swings[5].
In Q2 2025, a total of 159,107 BTC entered corporate treasuries, setting a new record. Some analysts warn of a potential supply-side squeeze if demand for BTC exceeds that available on exchanges. Corporate Bitcoin holdings surpassed 247,000 BTC in 2025, more than double that of all U.S. spot Bitcoin ETFs.
The imbalance between mining profitability and global infrastructure scaling is expected to persist until at least the 2028 halving. Blockware offers three end-of-year scenarios for BTC pricing: Bear case ($110,000), Base case ($125,000), and Bull case ($150,000). The MVRV Ratio supports a $125K Bitcoin base case.
In conclusion, publicly traded companies are increasingly adopting Bitcoin as part of their treasury management strategy, aiming to store value, hedge risks, and pursue attractive returns amid economic uncertainty, with the movement driven by both newer firms and well-known corporations expanding their crypto exposure[1][4][5]. Companies in low-growth sectors or those facing potential decline are particularly open to Bitcoin as an alternative asset, betting that BTC's historical compound annual growth rate (CAGR) of 40-60% outweighs the risks tied to its volatility.
- In 2025, a predicted 25% increase in the number of public companies holding Bitcoin on their balance sheets is expected, bringing the total to around 177, reflecting a 120% surge this year alone in public company Bitcoin holdings.
- Many new adopters are either newly established or struggling companies, attracted by the potential for high returns (40% to 60% compound annual growth rate) without the operational risks of running their core business.
- Large companies like Jack Dorsey’s Block continue to expand their Bitcoin holdings, emphasizing the so-called “Saylorization” trend, where companies adopt Bitcoin as a treasury asset for financial hedging and store of value purposes.
- The number of companies owning over 1000 BTC surged 45.8% in 2025, indicating growing institutional-scale adoption.
- Public and private companies added over 107,000 BTC to their treasuries in July 2025 alone, pushing the total value of institutional Bitcoin holdings across tracked entities to $428 billion.
- Companies are drawn to Bitcoin as a way to generate significant returns on retained earnings without operational risk, seeking a hedge against inflation and currency risk by diversifying treasury assets into Bitcoin.
- Analysts suggest a potential supply-side squeeze if demand for BTC exceeds that available on exchanges, while Blockware offers end-of-year scenarios for BTC pricing, with the MVRV Ratio supporting a $125K Bitcoin base case.
