Public companies bought over twice as much Bitcoin in the first half of 2025 compared to spot ETF issuers, with a 375% increase from last year.
Corporate purchases of 245,510 BTC surpassed ETF acquisitions of 118,424 BTC, showcasing a shift towards direct ownership of Bitcoin.
There are now 254 entities holding Bitcoin, with 141 being public companies, indicating significant growth in new players entering the market.
Despite Strategy's continued dominance in Bitcoin acquisitions, new companies like Metaplanet, GameStop, and ProCap are increasing their Bitcoin holdings, potentially leading to a supply shock and impacting Bitcoin's price in the near future.