October 4, 2025 6:08 PM

Top 10 Largest Corporate Bitcoin Holders in 2025: Strategy Leads with $70 Billion

Singapore – The trend of major corporations adding Bitcoin to their balance sheets continues to accelerate. According to the latest data from BitcoinTreasuries.net as of July 31, 2025, the world’s top 10 largest corporate Bitcoin holders reveal how public companies are increasingly adopting cryptocurrency as a core part of their treasury strategies.

At the top of the list, Strategy (formerly MicroStrategy) holds nearly 629,000 BTC. With Bitcoin priced at US$118,454, Strategy’s portfolio is valued at more than US$70 billion—greater than the combined total of all other publicly listed companies on the list. Since its first purchase in 2020, the firm has consistently increased its holdings, including an additional 454,261 BTC accumulated over the past year alone.

A sweeping rebrand in early 2025 underscored Strategy’s identity shift. With a new modern “B”-shaped logo in orange—a nod to Bitcoin’s signature identity—the company officially moved beyond its origins as a business intelligence software firm to position itself as the world’s largest corporate Bitcoin treasury.

In second place, MARA Holdings holds approximately 50,000 BTC worth US$5.9 billion. Operating as a large-scale miner across multiple countries, MARA focuses on energy efficiency and the deployment of innovative technology to optimize its portfolio.

Ranking third is XXI (Twenty One Capital) with 43,514 BTC, valued at US$5.2 billion. XXI positions itself as both an investor and an alternative exposure vehicle, giving capital markets participants indirect access to Bitcoin through its listed shares.

Bitcoin Standard Treasury Company (BSTR) follows in fourth place with about 30,000 BTC, while Trump Media & Technology Group (TMTG) claims fifth. TMTG has allocated US$2 billion into Bitcoin and related securities, complementing its broader digital asset initiatives. Reports estimate that more than 90% of Donald Trump’s current wealth is tied to technology and crypto-based holdings, further highlighting the company’s significant exposure.

With large corporations holding Bitcoin on such a scale, cryptocurrency is increasingly recognized as an institutional asset. This shift also paves the way for new financial products such as Bitcoin ETFs, Bitcoin bonds, and corporate treasury services.

For investors, exposure to the Bitcoin market is no longer limited to direct purchases of the cryptocurrency. Buying shares of Bitcoin treasury companies provides an alternative path, signaling a broader mainstream integration of digital assets into global financial systems.