International Bitcoin Holdings by Treasury Entities Now Stand at 1.85 Million, with the U.S., China, and the UK Leading the Global Rankings in Cryptocurrency Reserves
In the past year, from January 2024 to June 2025, the world has witnessed a surge in corporate Bitcoin treasury holdings. This growth can be attributed to increasing corporate adoption, government involvement, and institutional accumulation.
At the beginning of 2024, corporate Bitcoin treasuries held 1,204,777 BTC. By June 2025, this figure had risen to an impressive 1,865,592 BTC, representing a growth of over 660,000 BTC.
MicroStrategy, a pioneer in corporate Bitcoin holdings, expanded its total treasury to over 423,000 BTC by late 2024, embodying the growing corporate confidence in Bitcoin as a reserve asset. This trend continued throughout 2024 and into 2025, with more corporations, including public companies across diverse industries like retail, manufacturing, and pharmaceuticals, incorporating Bitcoin into their treasury strategies.
By mid-2025, public companies collectively held approximately 935,498 BTC, with MicroStrategy alone holding about 628,946 BTC. Private companies also held around 426,237 BTC. In total, institutional actors (including corporations, ETFs, governments, and DeFi protocols) controlled around 3.64 million BTC or roughly 17.3% of total circulating supply.
The U.S. Treasury signaled plans to increase Bitcoin reserves for strategic purposes, aiming to grow its holdings budget-neutrally beyond seized Bitcoin. This move reflects growing government engagement in Bitcoin accumulation as part of national strategy, influencing the broader corporate and institutional landscape.
The rise in corporate and institutional Bitcoin holdings has influenced market dynamics, drawing retail investor interest, reducing Bitcoin price volatility, and increasing the asset’s status as 'digital gold' in balance sheets.
As of June 2025, the United States leads with 99 entities holding Bitcoin, followed by the United Kingdom with 28 entities, China with 19 entities, and Ukraine with 11 entities. Other countries, such as Bhutan and North Korea, also hold significant amounts.
Global Bitcoin treasuries now total 3,650,000 BTC, with ETFs or exchanges accounting for 1,624,178 BTC and government entities collectively managing 526,544 BTC.
Based on current prices, June's total Bitcoin held by corporate treasuries is valued at about $219 billion, underscoring the significant role corporations are playing in the Bitcoin economy.
This accelerating adoption of Bitcoin as a treasury reserve asset, an expanding institutional share of overall Bitcoin supply, and increased government participation are all contributing to substantial BTC accumulation by corporate entities.
Technology has played a pivotal role in facilitating the surge of Bitcoin in corporate finance, with investing in Bitcoin becoming an increasingly popular method for corporate treasury strategies. The growth of crypto assets, such as Bitcoin, in corporate portfolios has significantly impacted the broader finance landscape, fostering innovation and influencing market dynamics.
