Corporate Bitcoin Holdings Hit 1.3M BTC — Almost All of the Growth Came From One Company

Publicly listed companies collectively held 1.3 million bitcoin (BTC), up 31% over 14 months, with 304,337 BTC added since Aug. 14, 2025. Michael Saylor’s Strategy, the largest corporate holder, accounted for 216,060 BTC of the increase, or 71%, while all other companies added 109,935 BTC. Accumulation slowed elsewhere: only 50 of 205 firms with a Bitcoin history bought BTC in the past six months, and 44 of 100 newly formed Bitcoin treasury companies—businesses holding BTC as a reserve—sold part of their holdings.