In the first quarter of 2025, at least twelve public companies bought Bitcoin (BTC) for the first time, increasing the total Bitcoin reserves of public companies to around $57 billion. According to Bitwise, the amount of Bitcoin held by public companies increased by 16.1% to approximately 688,000 units. These companies acquired 95,431 Bitcoins during this period. The total value of Bitcoin assets held by companies also rose by 2.2% to $56.7 billion. The number of public companies holding Bitcoin reached 79. The largest first-time Bitcoin buyer was the Hong Kong construction company Ming Shing, purchasing 833 Bitcoins in the first quarter. The second-largest first-time Bitcoin buyer was Rumble, a YouTube alternative platform, purchasing 188 Bitcoins in mid-March. Another notable Bitcoin buyer was the Hong Kong investment company HK Asia Holdings Limited, buying only one Bitcoin in February, but the announcement caused its share value to nearly double in a trading day. During this period, the Japanese investment company Metaplanet acquired an additional 319 Bitcoins at $82,770 per unit, increasing its total assets to 4,525 Bitcoins, equivalent to $383.2 million. The company has spent $406 million so far to purchase its Bitcoins. On April 7, the price of Bitcoin dropped below $75,000 due to widespread market downturns caused by new global tariffs imposed by the United States. However, currently, this major cryptocurrency is trading around $84,440. According to available data, Bitcoin has had a price increase of about 2.3% since the end of the first quarter on March 31. You can track the prices of all tokens and cryptocurrencies live on the digital currencies momentary price page.
