Bitcoin's Q2 Boom Being Fueled by Corporates: Bitwise

Corporate adoption of bitcoin

accelerated dramatically in Q2, with public companies purchasing 159,107 $BTC and bringing their collective holdings to 847,000 $BTC valued at $91 billion, according to Bitwise.

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

inaugural bitcoin acquisition of 4,710 $BTC, signaling its entry into the crypto space. Meanwhile, Trump Media filed plans to raise $2.5 billion for bitcoin accumulation, underscoring how even politically linked enterprises are eyeing digital assets.

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.

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