Bitcoin has recently set new all-time highs, yet many of the leading Bitcoin treasury companies have been underperforming significantly. Despite Bitcoin itself recently pushing well above $120,000, the share prices of firms such as (Micro)Strategy remain far from their peaks. Are these companies likely to see a sustained recovery, or has their period of outperformance already passed?

Bitcoin Treasury Companies: Massive BTC Holdings in 2025

Examining the table of Top Public Bitcoin Treasury Companies reveals a total of 79 public companies hold at least 100 BTC, amounting to almost a million Bitcoin, valued at over $110 billion. A monumental amount, considering a majority of…

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