Record Bitcoin Holdings for Public Companies Exceed $117 Billion

Public companies have reached a new milestone in their Bitcoin holdings. According to BlockBeats data, the total value of Bitcoin held by these firms now stands at approximately $117 billion, reaching an all-time high. This significant growth is partly attributed to an increase in the number of companies holding Bitcoin, which has risen 40% from the previous quarter, now totaling 172 entities with a further 193,000 BTC acquired during this period. Strategy (formerly MicroStrategy) takes the lead, holding around 640,031 BTC. Mara follows closely behind with 53,250 BTC and XXI holds 43,514 BTC.