Bitcoin Holdings By Public Firms Cross 1 Million BTC As Asset Gains Traction

According to the newest data from BitcoinTreasuries, the full quantity of Bitcoin (BTC) held by public companies lately surpassed the a million mark, underscoring the fast tempo of adoption of the digital asset worldwide.

Bitcoin Adoption Shows No Signs Of Slowing

While company adoption of Bitcoin isn’t a novel apply, the pattern gained vital momentum following US President Donald Trump’s victory within the November 2024 elections. Since then, a number of companies have unveiled BTC company treasury methods.

Michael Saylor-led Strategy – previously MicroStrategy – continues to be the undisputed chief of the pattern, having some 636,000 BTC on its stability sheet on the time of writing. However, different corporations like Metaplanet, Semler Scientific, and MARA Holdings have been busy growing their BTC publicity over the previous ten months.

Commenting on the event, BitcoinTreasuries President Pete Rizzo stated that regardless of the full quantity of BTC crossing a million, a number of indicators nonetheless present that institutional adoption of the digital asset remains to be in its infancy.

Rizzo referred to the truth that most corporations have solely lately began to build up BTC for the lengthy haul. As a outcome, a significant chunk of the capital raised by such companies stays but to be deployed for BTC purchases.

Bradley Duke, Head of Europe at Bitwise, commented on the milestone saying that the full worth of BTC locked in company treasuries is now price greater than $111 billion. He added:

The structural imbalance between BTC provide and demand is actual and getting extra pronounced.

Data from BitcoinTreasuries reveals that at present, greater than 100 corporations maintain BTC on their stability sheets. However, if current developments are to go by, the company adoption of digital belongings doesn’t appear to be restricted to BTC.

Recently, a lot of corporations have introduced plans to undertake Ethereum (ETH) as a part of their company treasury technique. While ETH doesn’t have a tough provide cap of 21 million like BTC, it does provide a number of use-cases and the Proof-of-Stake (PoS) consensus mechanism which helps in decreasing the lively circulating provide of ETH.

Will Companies Pivot To ETH?

At current, BTC instructions a complete market cap of over $2 trillion, in comparison with Ethereum’s $518 billion market cap. Although there’s nonetheless a distinction of just about $1.5 trillion, ETH is quickly closing within the hole.

For occasion, asset supervisor VanEck CEO, Jan van Eck, lately called ETH the “Wall Street token,” saying that Ethereum’s position in facilitating stablecoin transactions will doubtless assist it give robust competitors to BTC.

Recent exchange-traded funds (ETF) knowledge additionally (*1*) the quiet institutional rotation from BTC to ETH, as ETH ETFs noticed virtually $4 billion in inflows throughout August 2025. At press time, BTC trades at $109,403, down 2.2% prior to now 24 hours.