Catenaa, Monday, September 01, 2025-Corporate and institutional investors added more than 166,000 bitcoin in July, pushing total tracked holdings to 3.64 million BTC, valued at $428 billion, amid growing adoption among public companies, according to a new report by Bitcoin Treasuries reviewed by The Block.
Michael Saylor’s Strategy led the month’s buying spree, adding 31,466 BTC across three purchases to reach a staggering 628,791 BTC in holdings. The firm’s late-July $2.5 billion preferred stock raise accounted for 21,021 BTC of that total.
Other major buyers included the newly formed Bitcoin Standard Treasury Company (30,021 BTC), Trump Media & Technology Group (18,430 BTC), and Coinbase (2,509 BTC), which re-entered the top 10 public treasuries.
Though government wallets remained largely inactive, with only small additions from El Salvador and the US, Bhutan turned net-seller, offloading 776 BTC.
Beyond bitcoin, corporate treasuries are diversifying. Ethereum treasuries now top $10 billion, while Solana-focused firms hold $554 million in SOL, signaling a broadening embrace of digital assets.
According to a survey by Nickel Digital, 86% of wealth managers support public BTC treasuries, and nearly half believe 10% or more of S&P 500 companies will soon hold bitcoin on their balance sheets.
Public-company bitcoin stacks have surged 170% in the past year, and analysts forecast the trend will continue as regulatory clarity improves in the US.
