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).
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.
https://cointelegraph.com/news/bitcoin-holdings-public-firms-up-16-percent-q1-2025?=t
