Investing in Bitcoin using company stocks: A guide
In the ever-evolving world of finance, a significant shift has been taking place in recent years. Several major corporations have been making significant investments in Bitcoin as a store of value and for asset diversification.
One of the most prominent corporate Bitcoin holders is MicroStrategy (Strategy), which owns approximately 628,791 BTC, worth over $74 billion as of mid-2025. The company, which views Bitcoin as a superior store of value, especially amid inflation, has acquired its BTC holdings through various financial instruments including equity offerings and debt.
Another company that has invested heavily in Bitcoin is Twenty One Capital, which crossed the $5 billion BTC holdings mark in 2025.
Japan’s Metaplanet also holds more than 17,132 BTC on its books, reflecting another major institutional corporate treasury holder in Bitcoin.
Other notable public companies holding Bitcoin include: - BitFuFu (Nasdaq: FUFU), a Singapore-based Bitcoin mining firm, holding around 1,709 BTC (~$185 million), using BTC as both mining yield and treasury reserve. - Cipher Mining (CIFR), a US-listed Bitcoin miner with a renewable energy focus, holding 1,063 BTC (~$115 million) as part of its treasury diversification strategy. - KULR Technology Group (KULR), a thermal and battery safety tech firm, holding approximately 920 BTC (~$100 million), employing Bitcoin to diversify treasury reserves and hedge fiat risk.
Collectively, these and other public companies held around 925,389 BTC worth over $109 billion by mid-2025, representing about 4.4% of Bitcoin’s total supply. This surge in corporate Bitcoin holdings has rapidly closed the gap with spot Bitcoin ETFs in terms of total BTC exposure.
Moreover, many publicly traded companies have integrated bitcoin and other crypto-assets into their economic model. Companies like Square Inc. and Coinbase Global, Inc. have risen significantly over the past year, with Coinbase holding approximately $261.5 million worth of bitcoin for its own account as of March 31, 2023.
The trend of corporations holding Bitcoin directly on their balance sheets rather than relying solely on ETFs or other financial products continues to grow. Companies like Marathon Digital Holdings, Riot Blockchain, Bitfarms, Hut 8 Mining, Hive Blockchain, and Canaan are publicly traded for those who wish to buy their stocks.
In summary, Strategy is the definitive leader in significant corporate Bitcoin holdings, with other companies—particularly Bitcoin miners and tech-oriented firms—also investing sizeable BTC amounts to diversify assets and use Bitcoin as a store of value. This growing corporate trend underscores a shift towards direct ownership of Bitcoin as a strategic asset, highlighting its increasing role in the traditional financial markets.
[1] MicroStrategy Invests an Additional $10 Million in Bitcoin (2020) [2] Cipher Mining Announces Bitcoin Purchase and Treasury Diversification Strategy (2021) [3] Public Companies' Bitcoin Holdings Surge in 2025 (2025) [4] MicroStrategy's Bitcoin Strategy: A Corporate Treasury Revolution (2023)
The significant investments in Bitcoin by corporations, such as MicroStrategy and Twenty One Capital, have led to an increase in the amount of Bitcoin held by public companies, with MicroStrategy owning approximately 628,791 BTC, worth over $74 billion as of mid-2025. Businesses like Cipher Mining and KULR Technology Group are also among those investing in Bitcoin, holding over $100 million worth of Bitcoin each. This trend of corporations directly owning Bitcoin as a strategic asset is growing, with companies like Square Inc. and Coinbase Global, Inc. also integrating Bitcoin into their economic models.
