Public Companies Are Quietly Building Massive Bitcoin Treasuries Faster Than ETFs Can Keep Up
Public companies continued to expand their Bitcoin (CRYPTO: BTC) holdings at a faster pace than exchange-traded funds (ETFs) for the third consecutive quarter, signaling a growing corporate interest in holding Bitcoin directly.
What Happened: Data from Bitcoin Treasuries shows that public companies acquired approximately 131,000 BTC in the second quarter of 2025, marking an 18% increase in their total Bitcoin holdings, according to CNBC.
By comparison, ETFs added around 111,000 BTC during the same period, reflecting an 8% rise.
Analysts note that corporate Bitcoin buyers are often motivated by a different set of priorities than institutional ETF investors.
According to Nick Marie, head of research at Ecoinometrics, while ETF investors seek exposure to Bitcoin’s price movements, companies acquiring Bitcoin for their treasuries are focused on long-term accumulation to enhance shareholder value.
Marie highlighted that corporate Bitcoin holdings grew 4% in April, despite market volatility triggered by President Donald Trump‘s tariff announcements.
ETFs, by contrast, saw only a 2% increase during the same period.
He added that for these companies, the price …