Bitwise: 46 New Companies Bought Bitcoin in Q2 2025, Corporate Holdings Surge to 847,000 BTC

Key Takeaways:847,000 BTC now held by publicly listed companies (4.03% of total supply)46 new companies entered the market in Q2, bringing the total to 125 firmsCorporate holdings grew 23.13% QoQ, while total value rose 60.93% to $91 billionAverage Q2 purchase price per BTC: $107,754Strategy leads with 597,325 BTC, adding 69,000 BTC in Q2 aloneNewcomer Twenty One raised $685M and bought over $450M worth of BTCAccording to a Q2 2025 report by Bitwise, corporate investment in Bitcoin continues to accelerate, with listed companies now holding a combined 847,000 BTC, marking a 23.13% increase quarter-over-quarter. These holdings now account for 4.03% of Bitcoin’s total supply, with a combined valuation of $91 billion, up 60.93% from the previous quarter.The report, cited by TechFlow, reveals a sharp uptick in corporate participation, with 46 new companies acquiring Bitcoin in Q2. This brings the total number of publicly listed firms with BTC exposure to 125, a 58.23% increase from the previous quarter.The average purchase price per BTC among corporates in Q2 was $107,754, indicating that institutions remain confident in long-term upside despite recent volatility.The top spot remains with Strategy, which now holds 597,325 BTC after adding over 69,000 BTC in Q2 alone. The firm has accumulated an estimated $14 billion in unrealized gains during the quarter as Bitcoin prices climbed.A notable new entrant, Twenty One, made headlines with its $685 million raise, using over $450 million to purchase Bitcoin—making it one of the most aggressive first-time buyers this year.In total, companies purchased 159,107 BTC in Q2, underlining a continued institutional shift toward Bitcoin as a strategic reserve asset.The strong growth in corporate holdings signals mounting interest in Bitcoin as a hedge against inflation, a treasury asset, and a long-term store of value, as regulatory clarity and mainstream adoption continue to evolve.