Corporate Bitcoin Holdings Hit Record Levels in Q1 2025: Will the Trend Continue?

Bitcoin additions to corporate treasuries have risen during the first quarter of 2025, with industry giants like Tether and Metaplanet reaching record allocations compared to the previous quarter.

However, recent trade policy announcements in the US have cast a shadow over further Bitcoin accumulation. BeInCrypto interviewed Max Shannon, an analyst at CoinShares, to explore the sustainability of this trend throughout the year and the likelihood of further corporate adoption.

As Bitcoin’s path to mainstream adoption gains momentum, more companies are either expanding their BTC holdings or allocating the asset to their corporate treasuries for the first time in 2025.

The first quarter of 2025 stood out, with several major industry players making their largest Bitcoin allocations. Tether, the world’s largest stablecoin issuer, gradually acquired 8,888 BTC since January, bringing its total BTC balance to over 100,000. In the previous quarter, the issuer had only added 1,035 to its reserve.

Metaplanet also increased its allocation efforts. The Japanese publicly traded company first started purchasing Bitcoin in May 2024. By December, Metaplanet had accumulated 1,762 BTC, which grew to 4,046 by March 2025.

While other high-profile companies did not break their previous allocation records, they significantly expanded their Bitcoin supply. 

Strategy, formerly known as MicroStrategy, has maintained its consistency with its aggressive accumulation style. So far this year, the company has bought a whopping 53,396 BTC.

Meanwhile, Fold Holdings, a financial services company, publicly announced that it had bought 475 BTC in early March, bringing its total accumulation to 1,485.

Corporations outside Web3 are also now joining the trend of acquiring Bitcoin.

Two weeks ago, video game and electronics retailer GameStop announced an update to its investment policy, revealing the addition of Bitcoin as a treasury reserve asset. Although the company made no immediate commitment to purchase BTC, speculation is high that it will allocate a portion of its $4.8 billion cash balance to the cryptocurrency.

Gamestop is preparing to buy Bitcoin with up to $5 billion of cash sitting on their balance sheet.

Let the games begin. $GME pic.twitter.com/sEBRYREAK3