61 Public Companies Now Hold Over 3% of All Circulating Bitcoins

The current period urges an inventory of bitcoin and its remaining available supply. The rush by institutions towards this precious digital asset is altering the balances. Between enthusiasm and domino effect, systemic impacts are already appearing in the crypto universe. The programmed scarcity of bitcoin sharpens appetites. The initiated movement recalls that digital gold is becoming a strategic variable, both economic and political.

Discrete invasion: non-crypto companies seize bitcoin

Bitcoin news : data from June 3rd confirms the advance of a silent but massive phenomenon. Sixty-one listed companies now hold 673,897 BTC. This figure represents 3.2% of all bitcoins that will ever exist. A strong signal. Notably: the majority of these firms were not previously operating in the crypto sphere. They come from energy, industry, and traditional finance.

Excerpt from Standard Chartered’s Bitcoin report published on June 3, 2025. Source: Standard Chartered

The case of SolarBank, a Canadian renewable energy player, symbolizes this breakthrough. The company has opened an account with Coinbase Prime and is preparing a self-custody wallet. In Paris, Blockchain Group recently acquired $68 million in bitcoin. K33, a Norwegian broker, raised $6.2 million to buy some in turn. This wave recalls that tokenization is no longer an experimental luxury. It is becoming a treasury strategy.

Geoff Kendrick, analyst at Standard Chartered, tempers however:

Bitcoin treasuries are currently exerting buying pressure, but this could reverse.

Because the exposure of these firms to a volatile asset could generate panic sales. The concentration of purchases at high prices creates a latent tension point, especially since volatility remains high in crypto markets.

Bitcoin, MicroStrategy, and the new risk takers

MicroStrategy long dominated the landscape of corporate bitcoin reserves. Today, the tide is turning. The company holds about 86% of BTC in public treasuries. Yet, its model now inspires many imitators. In two months, these have doubled their purchases, reaching nearly 100,000 BTC.

Risk no longer seems a deterrent. Entry prices are even higher than those of MicroStrategy, which bought at an average of $70,023. For these newcomers, bitcoin becomes insurance. The argument is clear: a store of value, even a strategic fallback in case of macroeconomic storm.

Michael Saylor is confident:

Even if bitcoin loses 90% of its value over several years, our structure will hold.

For him, leverage does not compromise the whole. Others share this measured optimism. Changpeng Zhao, founder of Binance, reminds us:

Not taking risks is a risk in itself.

Crypto firms have understood this, others are converting.

Issues and trajectories: what future for bitcoin and the crypto ecosystem?

The arrival of companies in the bitcoin universe not only disrupts wallets. It modifies trajectories. Bitcoin becomes a governance asset, the circulation of which impacts overall liquidity. It enters an accumulation logic, no longer pure speculation. This pushes the reflection on Ethereum, another pillar of the crypto ecosystem, which struggles to generate as much direct institutional adoption.

Corporate bitcoin treasury in the Standard Chartered sample (by holding). Source: Standard Chartered

Volatility remains a looming shadow. Half of the companies hold bitcoins at an average price above $90,000. The alert threshold identified by Standard Chartered is clear: a 22% drop could trigger massive sales.

Key figures:

• 61 companies collectively hold 673,897 BTC;
• 3.2% of the total bitcoin supply is now in their hands;
• More than 50% of firms bought above $90,000;
• “Imitation MicroStrategy” strategies have doubled their BTC in two months;
• Ethereum remains behind in this institutional dynamic.

This shift also highlights crypto’s vulnerabilities. Bitcoin’s evolution, as a rare asset, pushes regulators to closely monitor it. Ethereum, often presented as more modular, remains absent from non-crypto companies’ balance sheets. The question remains: will this rush be limited to digital gold, or will it pave the way for other cryptos?

Bitcoin is becoming rarer, its availability diminishes every day. For some analysts, it is the signal of a future market explosion . The fixed supply and growing interest outline the contours of an accumulation shock. The era of bitcoin treasuries could well announce a new era for global crypto.