Public companies’ Bitcoin holdings grew 16.1% in first quarter of 2025

Public companies boosted their Bitcoin reserves by 16.1% (95,431 tokens) in the first quarter of 2025. According to Bitwise, their total Bitcoin holdings now stand at 688,000 BTC, worth roughly $57 billion.

The first quarter of 2025 saw at least 12 public companies adding Bitcoin to their balance sheets for the first time, signaling growing institutional interest in the flagship cryptocurrency, Coinotag reports. Hong Kong construction firm Ming Shing emerged as a major new buyer with an 833 BTC acquisition. Video platform Rumble also entered the crypto market notably, purchasing 188 tokens in late March.

This buying spree comes as Bitcoin gradually recovers, currently trading around $85,550 despite recently dipping below $75,000. According to Coinotag, such a price action suggests investor sentiment is stabilizing and points to promising prospects for the crypto market.