Bitcoin Magazine
Public Companies Have Already Bought 3.3x More Bitcoin Than This Yearâs New Supply
Itâs only May, and public corporations have already bought 3.3 times more Bitcoin than has been supplied in 2025, according to a new graphic from asset manager Bitwise. To put that into perspective, the new supply for the year is around 60,000 BTC, and companies have already surpassed 196,000 BTC in purchases.
A year ago, there were only a few companies, notably Strategy and Metaplanet, holding Bitcoin on their balance sheets. Now there are over 70 companies with a public Bitcoin treasury strategy, and according to Strategy CEO Phong Le, âNext year we could be at 700 companies.â
That kind of growth isnât randomâitâs a clear signal that corporate strategy is evolving fast. Companies arenât just testing the waters anymore; theyâre diving in. This isnât some short-term trendâthis is a major shift in how businesses are thinking about money, reserves, and long-term value protection.
Just yesterday, Founder and CEO of Nakamoto David Bailey announced a merger with KindlyMD to establish a Bitcoin treasury. In an interview with CNBC, David said, âWe are MicroStrategy squared, but what weâre trying to build is a global portfolio of Bitcoin treasury companies and capital market access and we want to have one vehicle that investors can buy in every major capital market.â
During last weekâs Bitcoin For Corporations event at Strategy World 2025 in Orlando, Florida, Michael Saylor, Executive Chairman of Strategy, said Bitcoin treasury companies are becoming âexponentially more powerful,â and heâs not just hyping it. He predicts 30â60% growth annually for the next decade, with a long-term forecast of 29â30% ARR. Thatâs not normal corporate growthâthatâs exponential compounding with conviction.
Saylor pointed out how even political pushback is helping Bitcoin. âEvery single time a politician blocks something or reacts negatively, they are driving it forward,â Saylor said. âYou canât pay for the marketing we just got in Arizona. That is going to catalyze millions and millions of people to say, âWhat is this thing? Was that the right decision? Should we reevaluate this?â Everything is good for Bitcoin.â
And heâs not wrong. Whether itâs state-level bans or media panic, all it does is make people curious. That curiosity leads to research, which leads to understandingâand for a lot of companies and investors, that ends with buying Bitcoin.
Le Phong also highlighted how recent U.S. government actions are actually bullish:
âWhat is happening in the U.S. Governmentâthe embracement of the Strategic Bitcoin Reserve, digital asset framework, stablecoin billsâwe have an administration that is very supportive of Bitcoin and makes everybody wake up and say âwhat is this Bitcoin thing?ââ
This post Public Companies Have Already Bought 3.3x More Bitcoin Than This Yearâs New Supply first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Full story here:

Public Companies Have Already Bought 3.3x More Bitcoin Than This Yearâs New Supply
Itâs only May, and public corporations have already bought 3.3 times more Bitcoin than has been supplied in 2025, according to a new graphic from asset manager Bitwise. To put that into perspective, the new supply for the year is around 60,000 BTC, and companies have already surpassed 196,000 BTC in purchases.
*** NOTE: In 2025, public corporations already bought
*checks notes*
3.3 x times the amount of new supply in 2025.
Already exceeds the est. annual supply of 164,250 BTC. pic.twitter.com/raEcbAgtFM
â AndrĂ© Dragosch, PhD(@Andre_Dragosch) May 13, 2025![]()
A year ago, there were only a few companies, notably Strategy and Metaplanet, holding Bitcoin on their balance sheets. Now there are over 70 companies with a public Bitcoin treasury strategy, and according to Strategy CEO Phong Le, âNext year we could be at 700 companies.â
That kind of growth isnât randomâitâs a clear signal that corporate strategy is evolving fast. Companies arenât just testing the waters anymore; theyâre diving in. This isnât some short-term trendâthis is a major shift in how businesses are thinking about money, reserves, and long-term value protection.
Just yesterday, Founder and CEO of Nakamoto David Bailey announced a merger with KindlyMD to establish a Bitcoin treasury. In an interview with CNBC, David said, âWe are MicroStrategy squared, but what weâre trying to build is a global portfolio of Bitcoin treasury companies and capital market access and we want to have one vehicle that investors can buy in every major capital market.â
During last weekâs Bitcoin For Corporations event at Strategy World 2025 in Orlando, Florida, Michael Saylor, Executive Chairman of Strategy, said Bitcoin treasury companies are becoming âexponentially more powerful,â and heâs not just hyping it. He predicts 30â60% growth annually for the next decade, with a long-term forecast of 29â30% ARR. Thatâs not normal corporate growthâthatâs exponential compounding with conviction.
JUST IN: Strategy CEO predicts there will be 700 #Bitcoin treasury companies next year![]()
Michael Saylor says Bitcoin treasury companies are getting "exponentially more powerful"pic.twitter.com/5BuUAdu6WO![]()
â Bitcoin Magazine (@BitcoinMagazine) May 7, 2025
Saylor pointed out how even political pushback is helping Bitcoin. âEvery single time a politician blocks something or reacts negatively, they are driving it forward,â Saylor said. âYou canât pay for the marketing we just got in Arizona. That is going to catalyze millions and millions of people to say, âWhat is this thing? Was that the right decision? Should we reevaluate this?â Everything is good for Bitcoin.â
And heâs not wrong. Whether itâs state-level bans or media panic, all it does is make people curious. That curiosity leads to research, which leads to understandingâand for a lot of companies and investors, that ends with buying Bitcoin.
Le Phong also highlighted how recent U.S. government actions are actually bullish:
âWhat is happening in the U.S. Governmentâthe embracement of the Strategic Bitcoin Reserve, digital asset framework, stablecoin billsâwe have an administration that is very supportive of Bitcoin and makes everybody wake up and say âwhat is this Bitcoin thing?ââ
This post Public Companies Have Already Bought 3.3x More Bitcoin Than This Yearâs New Supply first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Full story here: