Institutions Accumulate: Bitcoin Treasuries Exceed 1 Million BTC
Corporate Bitcoin Holdings Reach Milestone
Corporate Bitcoin treasuries have reached a significant milestone, now holding over 1 million BTC. This surge is driven by increasing institutional adoption and strategic accumulation of crypto reserves.
Between September 1 and September 6, companies announced new allocations of approximately 9,800 BTC, valued at around $1 billion at current prices. This influx propelled the total corporate holdings past the 1 million BTC mark.
Key Treasury Updates
New Corporate Entrants
During the week, three new corporate treasuries emerged:
- A Dutch firm initiated its treasury with 1,000 BTC after raising approximately $147 million.
- China-listed CIMG Inc. began with 500 BTC.
- US-based Hyperscale Data started with an initial 3.6 BTC.
These new entries added roughly 1,503 BTC to the corporate total, signaling expanding participation.
Expanding Holdings
In addition to new treasuries, several companies increased their Bitcoin holdings:
- Cipher Mining: 195 BTC
- CleanSpark: 124 BTC
- Convano: 155 BTC
- Cango: 150 BTC
Major Players Increase Positions
Significant purchases from established treasury holders contributed substantially to the overall increase. For example:
- Michael Saylor’s Strategy Corp maintains holdings north of 636,500 BTC.
- Miner Marathon Digital added 1,838 BTC.
- Metaplanet purchased 1,009 BTC, pushing its total past 20,000 BTC.
- American Bitcoin increased its holdings by 502 BTC.
Future Acquisitions
Several firms have announced significant Bitcoin purchase plans and funding approvals, indicating continued growth in corporate Bitcoin treasuries. Metaplanet secured an expansion approval for up to ¥555 billion (approximately $3.8 billion). S-Science raised its buying limit to ¥9.6 billion (roughly $65.3 million). These commitments point towards further accumulation in the near future.
Broader Institutional Interest
Institutional interest extends beyond direct treasury allocations. BlackRock's recent 290 million Bitcoin purchase reflects growing mainstream interest in building crypto exposure at scale.
The Bottom Line
The growth in corporate Bitcoin holdings illustrates increasing acceptance of Bitcoin as a strategic asset. With major players and smaller companies alike adding to their positions, the trend suggests continued integration of Bitcoin into corporate finance strategies. As companies allocate more capital to Bitcoin, Codeum can assist with ensuring the security of their blockchain assets through smart contract audits and KYC/AML compliance.