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Home » Bitwise Acquires 688,000 Bitcoins, Highlighting Corporate Advancement in the Market
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Bitwise Acquires 688,000 Bitcoins, Highlighting Corporate Advancement in the Market

By adminApr. 15, 20252 Mins Read
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Bitwise Acquires 688,000 Bitcoins, Highlighting Corporate Advancement in the Market
Bitwise Acquires 688,000 Bitcoins, Highlighting Corporate Advancement in the Market
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Recent data provided by Bitwise has revealed that corporations have reached a significant milestone by holding 688 Bitcoins.

With an average price of $82.445 per unit, the total value of the fund now stands at approximately $57 billion. This impressive figure represents a 16.11% growth from the previous quarter, reflecting a significant increase compared to the close of Q4 last year.

With this new milestone, corporate holdings of Bitcoin now amount to approximately 3.28% of the cryptocurrency’s total supply, which is capped at just 21 million coins.

This figure reinforces the growing institutional interest in digital assets, particularly Bitcoin, which continues to be seen as a safe store of value and a hedge against global inflation.

Companies are buying bitcoin, Q1 2025 edition.

— Bitwise (@BitwiseInvest)
April 14, 2025

Corporate movement toward Bitcoin has been steady over the past few months, with several public and private companies expanding their positions in the market’s leading cryptocurrency.

The number of participating companies in Bitwise’s Bitcoin fund has now reached 79, with 12 of these companies being new entrants. The growth highlighted by Bitwise demonstrates not only confidence in Bitcoin’s future stability, but also the asset’s consolidation as a strategic alternative within corporate balance sheets.

The record number of Bitcoins held by corporations could also positively influence market perception of the cryptocurrency, generating a domino effect that attracts even more institutional investors.

Furthermore, this institutional movement could contribute to greater price stability, reducing the typical volatility of digital assets.

Experts point out that as high-profile companies continue to accumulate significant positions in Bitcoin, we are likely to see an acceleration in mainstream acceptance of the cryptocurrency, both as an investment asset and as a legitimate means of corporate cash reserves.

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