Top 10 Bitcoin Treasury Companies in 2025

Bitcoin treasury companies are gaining traction in corporate finance. With Bitcoin’s price rising in 2025, interest in the asset has surged. As a result, more companies are adopting the Bitcoin Treasury model, making Bitcoin a central part of their financial strategy rather than treating it as a secondary investment. 

These companies use various methods to raise capital and acquire as much bitcoin as possible. For example, they may issue convertible bonds (debt instruments that can be converted into a fixed number of company shares) or allocate a portion of their profits to invest in BTC.

According to Bitcoin Treasuries, more than 90 publicly listed companies currently hold around 796,000 BTC, worth over $84 billion in total. Next, we’ll look at 10 of the top Bitcoin treasury companies and where they stand in the Bitcoin accumulation race.

1. Strategy (Formerly MicroStrategy)

Strategy was founded in 1989 as a business analytics company. In 2020, it made headlines by becoming the first publicly traded company to use Bitcoin as a core part of its treasury and capital strategy. Led by Executive Chairman and former CEO Michael Saylor, the company started buying large amounts of Bitcoin to protect against inflation and currency risks. 

This move turned Strategy into a major Bitcoin holder and caught the attention of investors and the crypto world. In February 2025, the company rebranded as Strategy to reflect its mission: to keep accumulating Bitcoin and promote it as digital capital. Since then, many corporations have followed its lead. As of May 25, 2025, Strategy holds 580,250 Bitcoins, worth over $64 billion, with a 59% profit. 

2. Metaplanet 

Japanese-based Metaplanet originally focused on the hotel business and other operations like finance, trading, and real estate. In 2024, the company restructured its strategy and adopted Bitcoin as a primary treasury asset. Metaplanet CEO Simon Gerovich announced that the firm aims to reach 10,000 Bitcoins by the end of 2025. Currently, Metaplanet is Asia’s largest publicly traded Bitcoin holder. Based on recent updates, the company holds 7,800 bitcoins worth more than $872 million, with a 22% profit. 

3. The Blockchain Group  

Europe’s first Bitcoin treasury company, The Blockchain Group (TBG), backed by well-known cryptographer Adam Back, aims to acquire up to 260,000 Bitcoins, 1% of the total supply, by 2033. Originally a diversified tech holding company, TBG became a Bitcoin treasury company in November 2024. At the same time, it continues its operations in data intelligence, AI, and decentralized technology development. TBG’s stock, under the ticker ALTBG, is listed on Euronext Growth Paris. The company currently holds 620 Bitcoins valued at over $69 million, reflecting a 27.6% profit.

4. Twenty One (XXI)

Twenty One is a Bitcoin-native company founded in April 2025, backed by Tether, Bitfinex, and SoftBank. Jack Mallers, co-founder and CEO of the Strike payment app, was appointed CEO of the new company. Twenty One aims to boost both awareness and accessibility of Bitcoin through educational content, support for Bitcoin-related financial products, and BTC allocation. The company was formed through a business combination with Cantor Equity Partners and trades under the ticker CEP. At the time of writing, Twenty One holds 31,500 Bitcoins on its balance sheet, worth over $3.5 billion.

5. Nakamoto 

Nakamoto is a Bitcoin treasury company formed through a strategic partnership between Nakamoto Holdings, Kindly MD, and Anchorage Digital. Announced in May 2025, the company aims to build the first global network of Bitcoin treasury companies. Nakamoto’s founder and CEO, David Bailey, served as a crypto adviser to Donald Trump during his 2024 presidential campaign and is also the CEO of Bitcoin Magazine. The new company plans to buy and hold more Bitcoin, while also increasing the amount of Bitcoin owned per share through stock and debt offerings.

6. Méliuz 

In May 2025, Méliuz received shareholder approval to create the first Bitcoin treasury in Brazil. Founded in 2011, Méliuz is one of the country’s leading fintech companies, with more than 30 million registered users. By adding Bitcoin to its corporate treasury strategy, Méliuz aims to increase shareholder value by using its profits and market tools to gradually expand its Bitcoin holdings. The company has held Bitcoin since March 2025. At the time of writing, Méliuz holds approximately 320 bitcoins worth over $35 million, with a 7.7% gain.

7. Strive Asset Management 

In May 2025, Strive, founded by Vivek Ramaswamy, unveiled its new Bitcoin treasury plan at the Strategy World 2025 Conference. Based in the U.S., Strive is an investment company focused on maximizing shareholder value. With its Bitcoin Blueprint, the company aims to guide other businesses in using Bitcoin as a long-term savings tool. Strive began purchasing Bitcoin in April 2025 and plans to continue increasing its holdings over time. Later, it partnered with 117 Castell Advisory to acquire around 75,000 BTC from the Mt. Gox fund at a discounted price.

8. Jetking

Jetking Infotrain, a small Indian company with $2 million in annual sales, became the first public firm in India to adopt Bitcoin as a treasury asset in December 2024. The 77-year-old training company announced over $774,300 (₹6.6 crore) in funding to expand its Bitcoin treasury in April 2025. Siddarth Bharwani, Jetking’s Chief Financial Officer, wrote on X that India’s regulatory environment supports blockchain adoption as a technology, while remaining optimistic about future improvements in the legal sector. Jetking currently owns 14.77 bitcoins worth more than $1.6 million.

9. HK Asia Holdings 

Moon Inc. (formerly HK Asia Holdings) made its first Bitcoin purchase in February 2025, marking its initial step into cryptocurrency as part of a strategic transformation. Originally focused on SIM cards and prepaid tech products, the Hong Kong-based company has begun integrating Bitcoin into its business strategy, with plans to launch Bitcoin-related offerings. As of now, Moon holds 28.8 bitcoins worth over $3 million.

10. DigiAsia

One of the latest companies to announce a Bitcoin treasury strategy is Indonesia-based fintech firm DigiAsia. In May 2025, DigiAsia revealed plans to raise $100 million and allocate half of its profits toward building a BTC reserve. Co-CEO Prashant Gokarn believes Bitcoin offers strong long-term potential and could serve as the foundation for next-generation financial strategies. Indonesia ranks among the top three countries in the world for crypto adoption. As institutional interest grows, the market has likely expanded even further.

The rise of Bitcoin treasury companies in 2025 signals a shift in how corporations approach financial resilience and long-term value. As regulations evolve and institutional adoption grows, we’re likely to see even more companies joining the Bitcoin treasury movement.