Bitcoin's Q2 Boom Being Fueled by Corporates: Bitwise
Corporate adoption of bitcoin
This represents a 23% increase in holdings quarter over quarter and covers 4% of bitcoin’s total capped supply of 21 million BTC. The average bitcoin price climbed to $107,754, which drove a significant 61% boost in portfolio value compared to Q1.
The number of publicly listed firms holding bitcoin rose to 125, marking a 58% increase and welcoming 46 new companies into the fold. Strategy (MSTR) remains the leader, holding 597,325 BTC, followed by MARA Holdings (MARA) with 49,940 BTC and newcomer Twenty One (XXI) with 37,230 BTC.
Key developments fueling this surge include GameStop’s
Tokyo-listed Metaplanet (3350),also made headlines by surpassing giants, such as Toyota and Sony in trading volume, highlighting the global breadth of corporate interest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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