David Edwards
With forecasts suggesting even wider business adoption, public firms are amassing Bitcoin at a record-breaking rate. By the end of 2026, publicly traded companies may have between 2 and 3 million Bitcoin, according to David Bailey, CEO of Bitcoin Magazine.
Bailey emphasized the increasing momentum in an April 25 article on X, pointing out that Bitcoin treasury strategy announcements are happening nearly every week, and he anticipates that this rhythm will soon change to every day.
Increasing Adoption in Institutions
Bailey predicts that over 1,000 public organizations that generate income and raise capital would eventually join the Bitcoin buying trend. It is anticipated that businesses from many industries and major stock indices would participate, using a range of financial products to expose themselves to the top cryptocurrency.
The total amount of Bitcoin held by publicly traded firms is currently over 700,000. Bailey listed two possible growth scenarios: if the price of Bitcoin stays mostly unchanged, he anticipates that ownership would reach one million Bitcoin by the end of 2025. However, he thinks public firms might accumulate between 2 and 3 million BTC by the end of 2026 if Bitcoin rebounds and liquidity rises.
Changes in Regulations Drive the Trend
Data from Bitwise, which showed a 16.11% rise in the number of listed companies holding Bitcoin in Q1 2025, supports the prediction. Due to 12 new arrivals, the overall number of businesses with Bitcoin on their balance sheets increased to 79, a 17.91% increase from the previous quarter.
A new Financial Accounting Standards Board (FASB) rule that allows businesses to value their Bitcoin holdings at fair market value is largely responsible for the increase, according to Bitwise. This change makes storing digital assets more financially appealing to corporate treasuries.
Leading Business Bitcoin Owners
After recently purchasing 6,556 BTC for $555.8 million, MicroStrategy, under the leadership of Executive Chairman Michael Saylor, is still the highest corporate holder with 538,200 BTC. The company has invested $36.47 billion in total, with an average acquisition price of $67,766 per Bitcoin.
The cryptocurrency mining companies MARA Holdings (47,600 BTC), Riot Platforms (19,223 BTC), CleanSpark (11,869 BTC), and electric vehicle manufacturer Tesla (11,509 BTC) are among the other significant public holdings.
