News/FameEX Hot Topics | Publicly Listed Firms Boost Bitcoin Holdings by 16% in Q1

FameEX Hot Topics | Publicly Listed Firms Boost Bitcoin Holdings by 16% in Q1

2025-04-15 05:59:09

In the first quarter of 2025, publicly traded companies significantly increased their Bitcoin holdings, according to data released by crypto asset manager Bitwise. The total Bitcoin held by these firms grew by 16.1% during the quarter, reaching approximately 688,000 BTC by the end of March. This marks an addition of 95,431 BTC in just three months. While Bitcoin's price remained relatively stable, the overall value of these holdings rose by 2.2%, bringing the combined total to $56.7 billion based on a market price of $82,445 per BTC.

 

Bitwise also noted a notable rise in the number of publicly listed firms holding Bitcoin, with 79 companies reporting BTC on their balance sheets by the end of Q1. Out of these, 12 were first-time buyers. Among them, the most prominent was Ming Shing, a Hong Kong-based construction company. Its subsidiary, Lead Benefit, acquired a total of 833 BTC—500 BTC in January followed by an additional 333 BTC in February—making it the largest new corporate buyer of Bitcoin for the quarter.

 

Other newcomers included Rumble, a YouTube alternative favored by conservative audiences, which purchased 188 BTC in mid-March. Another notable entrant was HK Asia Holdings Limited, a Hong Kong investment firm that bought a single Bitcoin in February. Despite the modest acquisition, the news triggered a dramatic market reaction, with the company's share price nearly doubling in just one trading session—highlighting investor enthusiasm for crypto-related announcements.

 

Meanwhile, Japanese investment firm Metaplanet expanded its Bitcoin position by purchasing an additional 319 BTC at an average price of 11.8 million yen (approximately $82,770) per coin. This brought its total holdings to 4,525 BTC, valued at $383.2 million. The company has spent nearly $406 million (58.145 billion yen) on its BTC reserves to date.

 

With this latest acquisition, Metaplanet now ranks as the tenth-largest publicly listed Bitcoin-holding company, just behind Jack Dorsey’s Block, Inc., which holds 8,485 BTC. On April 15, Metaplanet’s stock dipped 0.5% by midday, following a 3.71% gain in the previous session.

 

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.

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