The quantity of Bitcoin on the balance sheets of publicly traded companies experienced a 16.1% increase in the first quarter of 2025, as reported by the crypto fund provider Bitwise.
Total company Bitcoin holdings
BTCUSD
surged to approximately 688,000 BTC by the conclusion of Q1, with companies acquiring 95,431 BTC during the quarter, according to Bitwise’s report on an X post dated April 14.
The overall value of these accumulated Bitcoin holdings increased by around 2.2%, reaching a cumulative value of $56.7 billion, based on a price of $82,445 per BTC, the firm indicated.
Bitwise also noted that the total number of public companies holding Bitcoin has risen to 79, with 12 firms making their first purchases of the cryptocurrency in Q1.
The largest first-time Bitcoin purchaser was Hong Kong’s construction firm Ming Shing, whose subsidiary Lead Benefit acquired a total of 833 BTC for the quarter, starting with a 500 BTC purchase in January, followed by an additional 333 BTC in February.
The next largest newcomer to Bitcoin was the far-right favored YouTube alternative Rumble, which bought 188 BTC in mid-March.
A notable first-time Bitcoin buyer was the Hong Kong investment firm HK Asia Holdings Limited, which only acquired a single Bitcoin in February, but this announcement led to a near doubling of its share price in just one trading day.
Metaplanet capitalizes on the dip with a 319 Bitcoin acquisition
Meanwhile, Japanese investment company Metaplanet announced on April 14 that it had purchased an additional 319 Bitcoin at an average price of 11.8 million yen ($82,770) per coin, bringing its total holdings to 4,525 Bitcoin, valued at approximately $383.2 million.
However, the firm has invested a total of 58.145 billion yen, nearly $406 million, in accumulating its current Bitcoin holdings.
As of April 15, Metaplanet (3350) was down 0.5% during the lunch break on the Tokyo Stock Exchange, following a 3.71% increase in trading on April 14, according to Google Finance.
With its latest Bitcoin purchase, the Tokyo-based firm now ranks tenth among the world’s largest public companies holding Bitcoin, trailing Jack Dorsey’s Block, Inc., which possesses 8,485 BTC, according to Coinkite data.
Currently, Bitcoin is trading at around $84,440, maintaining a flat trend over the past 24 hours, as per CoinGecko. Since the end of Q1 on March 31, it has risen approximately 2.3%, recovering from a low of under $75,000 on April 7 following a broader market downturn caused by new global tariffs imposed by the U.S.
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