At least 12 public companies bought Bitcoin for the first time in Q1 2025, increasing corporate BTC holdings 16.1% to 688,000 BTC ($56.7B). Top new buyers included Ming Shing (833 BTC), Rumble (188 BTC), and Metaplanet (319 BTC).
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Bitcoin held by publicly listed firms climbs 16% in Q1
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Bitwise noted that the number of public companies holding Bitcoin rose to 79, with 12 firms buying the cryptocurrency for the first time in Q1. The largest first-time Bitcoin buyer was the Hong Kong construction firm Ming Shing, whose subsidiary Lead Benefit bought a total of 833 BTC over the quarter, with an initial 500 BTC buy in January and a follow-up 333 BTC buy in February. The next largest maiden Bitcoin holder was the far-right favored YouTube alternative Rumble, which bought 188 BTC in mid-March.
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