Corporate Crypto Treasuries Hit $110B: Strategy Leads Push

- Public company crypto holdings surpass $110 billion amid major institutional adoption. - Strategy Inc., Trump-linked firms, and Nakamoto Holdings leading record Bitcoin purchases. On August 19, 2025, Forbes reported a major milestone: publicly traded companies now collectively hold over $110 billion in cryptocurrency. This achievement underscores the transformative impact of institutional adoption on both Wall Street and crypto markets. Strategy Inc., Nakamoto Holdings, and Trump-linked enterprises are leading this charge, integrating Bitcoin and other cryptocurrencies into their corporate treasuries to diversify balance sheets, hedge against inflation, and elevate shareholder value. In just six months, 152 publicly traded companies have acquired over 950,000 Bitcoins. Strategy Inc. dominates this landscape with an estimated $73 billion in Bitcoin holdings. Trump-linked firms, including Trump Media, hold $2 billion worth of Bitcoin, while Nakamoto Holdings follows with reserves totaling $760 million. This year, corporations collectively raised over $98 billion for cryptocurrency purchases. Since June 2025, 139 companies have already pledged an additional $59 billion for further acquisitions. Financial institutions have also reaped substantial rewards from this surge. For instance, Strategy Inc.'s recent $722 million preferred stock offering generated approximately $10 million in fees for lead underwriters like Morgan Stanley. Similarly, MARA Holdings' $950 million convertible notes issue yielded comparable fees for participating banks. This illustrates the growing symbiosis between traditional finance and the corporate crypto boom. Crypto custody providers are benefiting as well. BitGo, a California-based custodian, recently secured agreements with over 24 companies engaging in crypto treasury activities. In a Forbes interview, BitGo executive Adam Sporn noted that treasury services now account for a rapidly growing share of the firm's revenue, a significant change from being a previously negligible segment. The company's expansion has been so significant that BitGo confidentially filed for an IPO in July 2025. Crypto-focused banks are also capitalizing on the trend. Anchorage Digital, led by CEO Nathan McCauley, now manages billions in cryptocurrency treasuries, including Trump Media's $2 billion reserves. McCauley described the trend as reaching a "fever pitch," signaling the rapid acceleration in corporate crypto adoption. According to CoinMarketCap, Bitcoin (BTC) is trading at $112,964.616 as of 20:15 UTC on August 19, while its 24-hour trading volume has declined by 3.046%.