Global Public Companies Net Purchased $863M in BTC Last Week: Strategy Extends Buying Streak to 13 Weeks

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Corporate Bitcoin Adoption Accelerates

Last week saw global public companies (excluding mining firms) collectively invest $863 million in Bitcoin net purchases, according to SoSoValue data through June 30, 2025. This sustained institutional buying reflects growing confidence in BTC as a treasury reserve asset.

Key Buyers Driving the Trend

  1. Strategy (formerly MicroStrategy)

    • Invested **$531.9 million** to acquire 4,980 BTC at ~$106,801 per coin
    • Extends weekly buying streak to 13 consecutive weeks
    • Total holdings now: 597,325 BTC (~$63.9B at current prices)
  2. Metaplanet (Japan)

    • Spent **$240.8 million** on 2,239 BTC (~$107,561/BTC)
    • Two separate purchases last week
    • Total holdings: 13,350 BTC
  3. Other Significant Purchases

    • Nano Lab (China): $63.6M for 600 BTC
    • The Smarter Web (UK): $20.4M for ~197 BTC
    • Blockchain Group (France): $6.3M for 60 BTC

๐Ÿ‘‰ Why institutions are bullish on Bitcoin

GameStop's Strategic Move

On June 25th, GameStop announced raising $450 million** through zero-interest convertible notes, bringing total recent financing to **$2.7 billion. The company stated these funds may be used for:

"General corporate purposes and investments per our policy, including potential Bitcoin allocation as treasury reserve."

Market Impact

Institutional adoption continues reshaping Bitcoin's market structure, with companies treating it as digital gold in their balance sheets.

FAQ

Q: Why are companies buying Bitcoin?
A: Corporations view BTC as a hedge against inflation and a long-term store of value, similar to gold but with digital advantages.

Q: How does Strategy afford such large purchases?
A: The company uses debt financing and excess cash flow, believing BTC's appreciation potential outweighs financing costs.

Q: What's driving Japanese firms' BTC interest?
A: Japan's negative interest rate environment makes yield-bearing alternatives unattractive, pushing firms toward BTC.

๐Ÿ‘‰ Corporate Bitcoin adoption strategies

Q: Will this institutional demand drive BTC prices higher?
A: While increased buying pressure supports prices, Bitcoin remains volatile. Institutions typically take multi-year positions.

Q: How do companies store their Bitcoin?
A: Most use institutional-grade custody solutions with multi-signature security and insurance protections.

Q: Are there risks to corporate BTC holdings?
A: Price volatility and regulatory changes remain key concerns, though accounting standards are evolving to accommodate crypto holdings.