Corporate Bitcoin investments have skyrocketed, with major publicly traded companies embracing the cryptocurrency in recent years. Just five years ago, the idea of public companies investing in Bitcoin (BTC) might have been seen as absurd. However, the crypto market boom of 2021 and a 125% surge in Bitcoin’s price in 2024 has accelerated this trend, and it shows no sign of slowing down in 2025. Corporate Bitcoin whales are now accumulating BTC at an unprecedented pace.
According to data presented by CryptoPresales.com, the five largest publicly traded companies holding Bitcoin—MicroStrategy, Marathon Digital Holdings, Riot Platforms, Tesla, and CleanSpark—now collectively own nearly 560,000 BTC. This is an increase of 300,000 BTC since February 2024.
Just Five Companies Control $42 Billion in Bitcoin
Four years ago, big players like MicroStrategy and Tesla set a new trend, bringing Bitcoin into the corporate treasury playbook. Since then, many other publicly traded companies have followed their example, pouring hundreds of millions and even billions into Bitcoin as a hedge against inflation and a powerful way to diversify their cash reserves.
The improved regulatory clarity in major markets and Bitcoin ETF approvals last year have further fueled investor confidence, driving the number of new investments to record highs. According to Bitcoin Treasuries data, which tracks public companies holding Bitcoin, the top five BTC-holding corporations, including MicroStrategy, Marathon Digital Holdings, Riot Platforms, Tesla, and CleanSpark, collectively owned 226,680 BTC in February last year, valued at $11.6 billion. Since then, these five companies have added a staggering 332,000 BTC, bringing their total holdings to $53.7 billion, an eye-popping $42 billion increase in a single year.
MicroStrategy alone bought over 288,000 Bitcoins since last February. Statistics show the company now holds a massive 478,700 BTC, worth approximately $46.5 billion. Other major players invested much less than that but still made billions in profits. Marathon Digital Holdings, the second-largest corporate BTC holder, acquired 24,600 BTC over the past year, bringing its total to 40,400 BTC, valued at $3.29 billion. Riot Platforms ranks third with lifetime Bitcoin investments of $1.77 billion and 10,500 BTC purchased in the last year. CleanSpark follows with close to 7,000 Bitcoins bought since last February and a lifetime BTC holdings of over 10,500, now worth around $1 billion.
Corporate Bitcoin Investors Have Doubled in a Year, With Holdings Surpassing $60 Billion
While Tesla wasn’t the first company to invest in Bitcoin, it played a crucial role in bringing Bitcoin into the corporate spotlight. But despite the 2024 crypto rally, the company has been relatively conservative in expanding its BTC holdings. According to Bitcoin Treasuries, Tesla currently holds just over 11,500 Bitcoins, or 1,790 more than last February, with a total valuation of $1.11 billion. While still an impressive sum, this places Tesla in fourth place among corporate Bitcoin holders, falling behind Riot Platforms after holding the third-place spot for three years.
Beyond the top five players, the number of corporate investors in Bitcoin has increased significantly during the 2024 crypto rally. Last February, only 38 publicly traded companies had Bitcoin on their balance sheets, collectively holding $13 billion in BTC. Since then, their number has practically doubled to 66, with their total Bitcoin holdings now worth a staggering $60.5 billion.
In regional comparison, US and Canadian companies dominate corporate Bitcoin investment. Statistics show that nearly 40% of corporate BTC investors are headquartered in the United States, and another 25% are in Canada. Europe lags behind, accounting for just 10% of corporate Bitcoin investors.