35 Firms Hoarding Bitcoin?! 🤯

Right then, listen up! Seems those enormous, terribly important corporations are at it again. They’re snatching up Bitcoin like greedy little magpies, they are! A whopping 35 of these publicly traded giants now possess over 1,000 Bitcoins each. Just three months ago, it was a measly 24. Honestly, the audacity! 🙄

A Quarter of Absolutely Bonkers Bitcoin Buying

The second bit of the year, 2025 you know (because the future is now, apparently!), was practically a feeding frenzy for Bitcoin. These companies hoovered up 134,456 Bitcoins – a monstrous 35% jump from the previous three months. Analysts were gobsmacked, completely and utterly gobsmacked.

Some chap named Chris Kuiper, who spends his days counting other people’s digital money (a peculiar job, if you ask me!), noticed something odd. “Instead of just a few really big spenders,” he said, with a terribly serious face, “the buying was spread about a bit more.”

This, you see, means even more companies are jumping on the Bitcoin bandwagon. Not just the clever clogs who got in early, but all sorts of businesses are now stuffing their piggy banks with the stuff.

The Billion-Dollar Bunch

These 35 Bitcoin-mad companies are sitting on over $116 billion worth of the digital doohickey. A colossal amount! They clearly think Bitcoin is a safer bet for their money than, well, actual money. Remarkable!

Leading the charge is Strategy (formerly that terribly boring MicroStrategy) with a mind-boggling 607,770 Bitcoins – worth about $72.3 billion. A Mr. Michael Saylor, a chap with strong opinions, thinks Bitcoin is far superior to cash. Rather dramatic, don’t you think? 🎭

And here are a few of the other big spenders:

MARA Holdings: 50,000 BTC
XXI (Twenty One Capital): 37,230 BTC
Riot Platforms: 19,225 BTC
Tesla: 11,509 BTC

Naturally, those mining companies are accumulating Bitcoin as a side effect of doing whatever it is they do with computers. But even Tesla, and other normal businesses, are getting involved. Fancy that!

Why Ditch Cash for Digital Bits?

The reason these companies are doing this is rather simple, really. They reckon Bitcoin will protect them from prices going up and up (inflation, you know). Cash just sits there, doing nothing, whereas Bitcoin, well, it might actually *increase* in value. A bit of a gamble, but apparently a worthwhile gamble for these big shots.

Tesla caused quite a stir back in 2021 when they bought $1.5 billion worth. They sold most of it later on, but they still have a stash of over 11,000 BTC.

And get this – they’ve changed the rules about accounting for Bitcoin! Now, companies can show how much their Bitcoin is worth *right now*, which is rather appealing if the price goes up. Sneaky, but clever.

Bitcoin Goes Global!

It’s not just American companies, oh no. It’s spreading like wildfire! The U.S. has 94 companies hoarding Bitcoin, Canada has 40, and the United Kingdom has 19. See? Everywhere!

A Japanese company called Metaplanet is Asia’s biggest Bitcoin holder with 16,352 BTC. They used to run hotels, but now they just collect digital coins. A rather drastic career change, wouldn’t you say? 🏨➡️🪙

Europe is catching on too. Germany’s Bitcoin Group SE has 3,830 BTC, and France’s The Blockchain Group is on the hunt for even more.

Wobbly Markets Be Gone?

All this corporate excitement means about 130 companies now have Bitcoin on their books holding roughly 693,000 BTC – that’s about 3.3% of *all* Bitcoin! Imagine!

When big companies buy and *hold* onto Bitcoin, there’s less of it swishing around for everyone else to trade. This can lead to more stable prices, which is exactly what you want if you’re trying to hold onto a fortune.

And it makes Bitcoin seem more legitimate, doesn’t it? If those respectable, publicly traded companies are doing it, then it can’t be *all* bad, can it?

What’s Next?

And it doesn’t appear to be stopping anytime soon. The experts reckon hundreds more companies could join the club in the coming years. Just imagine it!

New rules and regulations are making it easier for companies to buy Bitcoin, and there’s even talk of the government getting involved. Goodness gracious!

So, there you have it. Bitcoin is moving from being a bit of a risky gamble to a sensible investment for enormous companies. It’s a rather peculiar turn of events, wouldn’t you agree?

2025-07-26 03:07