While there has been much discussion lately regarding tariffs and inflation, there is one trend that is currently flying under the radar. Public companies are stacking bitcoin at record levels.
According to Bitwise, one of the major exchanges used to buy bitcoin, publicly traded firms’ holdings have jumped 16.1% in Q1 of 2025, climbing up to 688,000 btc. That translates to $57billion worth of bitcoin (at current prices) sitting on corporate balance sheets. And that is not slowing down.
A total of 79 public companies now hold bitcoin, 12 firms buying for the first time this quarter. The largest first time buy was by Hong Kong construction Ming Shing, buying 833 btc, with Rumble joining in for the first time with 188 btc. Notably, Japan’s Metaplanet also added 319 btc, increasing it’s holdings to 4,525 btc. It has now become the 10th largest public holder. And let’s not forget Strategy, it continues to dominate the leaderboard with 531,644 btc in it’s stack. It holds 2.5% of the bitcoin’s fixed 21million supply. That is conviction.
The bottom line to all of this? While the media creates short term noise with tariffs and inflation, public companies are quietly turning Bitcoin into their treasury standard. And this isn’t slowing down….it’s just getting started. The take away from this? Ignore the noise. Start stacking sats.

