Bitcoin Becomes Corporate Treasury Favorite, ETH, SOL, XRP Far Behind: Report

A growing number of publicly traded companies are turning to Bitcoin (CRYPTO: BTC) as a treasury reserve asset, with total corporate holdings surging to more than 809,000 BTC by the end of May 2025, according to Binance‘s latest monthly market report.

What Happened: While favorable U.S. accounting changes and the surge in spot Bitcoin ETF inflows have fueled this trend, Binance analysts caution that the rising dependency on crypto holdings could create systemic risks if prices reverse.

“More than 25 new public companies disclosed BTC holdings in May,” the report states, adding that “cumulative BTC holdings by public companies rose to a new all-time high of 809,555 BTC.”

That marks a dramatic jump from the roughly 312,000 BTC held …

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