Publicly traded companies have increased their bitcoin holdings, reaching a total value of approximately $57 billion.
According to a new report from Bitwise, the first quarter of 2025 saw a significant expansion in the bitcoin reserves held by publicly traded companies, with a 16.11% increase compared to the previous quarter.
Public companies collectively added 95,431 bitcoins to their balance sheets, bringing the total to around 688,000 BTC by the end of March. The combined value of these reserves rose by 2.15%, reaching $56.7 billion, with bitcoin priced at $82,445, according to Bitwise.
The financial firm highlighted that the total number of publicly listed companies holding bitcoin rose to 79, with 12 companies making their first purchase in Q1 2025.
Among the new buyers, Hong Kong-based construction firm Ming Shing stands out. Its subsidiary, Lead Benefit, acquired a total of 833 BTC during the quarter, starting with 500 BTC in January followed by an additional 333 BTC in February.
Second among the new holders is Rumble, the YouTube alternative, which bought 188 BTC in mid-March.
Meanwhile, on April 14, Japanese company Metaplanet announced the purchase of another 319 bitcoins at an average price of approximately $82,770 per coin. This brings its total holdings to 4,525 bitcoins, currently valued at $383.2 million.
With this latest purchase, the Tokyo-based company now ranks as the tenth-largest publicly traded bitcoin holder in the world, behind Jack Dorsey’s Block, Inc., which holds 8,485 BTC according to data from bitcointreasuries.net.
