Bitcoin Surges Past $100K, Companies Amass Crypto Holdings
Bitcoin's value surged past $100,000 in late 2024, driving the total crypto market cap nearly to double its 2023 level. This growth has seen an increase in the number of Bitcoin wallets holding at least $100, nearing record highs in early 2025.
Several companies have amassed significant Bitcoin holdings. Strategy Inc., previously MicroStrategy Inc., leads with 423,650 BTC, valued at approximately $42.43 billion as of December 8, 2024. Marathon Digital Holdings, Inc. holds 46,255 BTC, while Coinbase Global, Inc. and Block, Inc. (formerly Square) hold 9,363 BTC and 8,363 BTC respectively, both worth around $1 billion each at their respective dates.
Hut 8 Mining Corp. holds over 9,100 BTC, valued at approximately $1 billion. Tesla, Inc. retains approximately 11,509 BTC, reflecting its continued interest in digital assets. Other notable holders include Galaxy Digital Holdings Ltd., with over $1.3 billion worth of Bitcoin.
While the largest Bitcoin portfolios in 2025 are not fully visible, Bullish, Riot Platforms, Trump Media & Technology Group, and CleanSpark are among the public companies known to hold substantial amounts. The growing interest from businesses signals a maturing crypto market, with Bitcoin's value and adoption continuing to rise.
