Beyond Strategy: 11 More Publicly Traded Companies That Are Stockpiling Bitcoin

Technique’s Bitcoin shopping for plan—as soon as maligned by large companies—has produced blockbuster earnings for the software program firm amid the newest Bitcoin growth, pushing its inventory worth to an all-time excessive in November as its stash tops $42 billion value of the coin as of this writing.

And its success has impressed a crop of copycats, although Technique (previously MicroStrategy) founder and Govt Chairman Michael Saylor most likely doesn’t thoughts—he’s been advocating for such a motion for years now.

In latest months, a number of extra publicly traded companies have greenlit company methods to stack Bitcoin as a treasury reserve asset, whereas others which have already invested within the cryptocurrency are increase their holdings of the asset.

Greater than 70 corporations have dived headfirst into Technique’s crypto-first enterprise technique at a time when Bitcoin is flying excessive: President-elect Donald Trump signed an government order establishing a nationwide Bitcoin strategic reserve, and the coin hit an all-time excessive of $108,000 in January.

And though Bitcoin is hovering across the $85,000 mark as of writing time, new corporations are nonetheless shopping for in—and present reserve companies are boosting their stockpiles.

Listed below are 11 extra publicly traded corporations which are following in Technique’s footsteps and stacking Bitcoin.

Tesla 

Tesla, the electrical car-making firm led by Dogecoin aficionado Elon Musk, has held Bitcoin for 4 years. And though it moved its tokens to new wallets final fall, there is not any indication that the automotive maker is promoting its Bitcoin.

Tesla has a protracted historical past with Bitcoin. The publicly traded firm first revealed that it had invested $1.5 billion on the planet’s oldest cryptocurrency in February 2021, with plans to just accept the tokens as fee for its autos.

It backtracked on the latter plans after Musk shared concern in regards to the environmental affect of Bitcoin mining, and bought a number of the cash—however it nonetheless has a considerable stash with latest reviews displaying the agency nonetheless holds 11,509 Bitcoin valued round $978 million.

Block

Monetary providers conglomerate Block—the agency behind the Sq. funds platform—owns greater than 8,000 BTC value at the least $758 million as of writing time, based on one estimate. 

The Jack Dorsey-founded firm started shopping for Bitcoin only a few months after MicroStrategy. Its first Bitcoin buy got here in October 2020, when it snatched up greater than 4,700 BTC.

Rumble

In November, video streaming platform Rumble turned one of many newest public corporations to greenlight a Bitcoin treasury reserve technique. Below the Bitcoin shopping for plan, Rumble will make investments as much as $20 million within the digital asset, based on an organization assertion. 

It’s also aiming to reinvent itself as a go-to platform for the crypto neighborhood. To realize that aim, the corporate has acquired a $775 million injection from stablecoin agency Tether.

On March 15, Rumble used $17.1 million of the initially deliberate $20 million to purchase roughly 188 Bitcoin.

LEEF Manufacturers

Hashish firm LEEF Manufacturers introduced in December it could undertake Bitcoin as a treasury reserve asset.

The Canadian enterprise plans to make the funding by a $5 million Bitcoin-backed debenture providing, based on an organization assertion. The corporate holds 3.9 BTC in a chilly pockets, however no particulars of Bitcoin purchases have been shared as of March 2025.

Semler Scientific

Medical expertise firm Semler Scientific started buying the biggest cryptocurrency by market capitalization final Might, when it debuted its Bitcoin reserve treasury technique. 

Since then, the agency has made a number of large buys of the token, with its exercise ramping up towards the latter half of final 12 months.

“We plan to proceed to buy bitcoin with money from operations and with money proceeds from our gross sales below our ATM program., Semler Scientific CEO Eric Semler mentioned in November. “We’re exploring further financing alternatives that can allow us to accumulate much more bitcoin.”

Semler Scientific holds 3,192 Bitcoin as of  February 4, a price of almost $268 million on the time of writing.

Banzai

Advertising expertise options agency Banzai introduced in November it could spend as much as 10% of the funds in its company treasury on Bitcoin. Including Bitcoin to Banzai’s stability sheet will diversify the belongings in its treasury, along with enabling the corporate to revenue off of the cryptocurrency’s long-term worth progress, Banzai CEO Joe Davy mentioned final 12 months in a press release.

Fold

Bitcoin providers agency Fold just lately added 475 Bitcoin to its treasury, bringing its whole holdings to greater than 1,485 Bitcoin, or about $126 million at present costs.

Although the corporate’s affinity for the main crypto asset will not be new, its place amongst publicly traded corporations is–Fold was listed for buying and selling as FLD on the Nasdaq in February 2025.

“Fold’s Bitcoin treasury serves a twin function: offering worth to traders in search of Bitcoin publicity, whereas performing as a company strategic reserve to assist our rising suite of Bitcoin-native monetary merchandise,” mentioned firm CEO Will Reeves after its most up-to-date buy.

The corporate, which rewards customers of its monetary providers with Bitcoin rewards, has given out greater than $20 million in BTC as of early March 2025.

Worksport

Worksport, an organization that makes truck covers, introduced its plan to implement a Bitcoin and XRP treasury in December 2024. A month later, the corporate made its first “six-figure buy” of the belongings as a hedge in opposition to inflation.

“Our enterprise has been rising quickly, with revenues up and margins steadily bettering. We imagine our strategic treasury plan is a low-risk method to hedge inflation and doubtlessly profit from growing regulatory readability round cryptocurrencies,” mentioned CEO Steven Rossi.

Rossi added that the agency is taking a long-term method to each BTC and XRP.

Fathom Holdings

Actual property applied sciences firm Fathom Holdings introduced a plan in January to make use of upwards of fifty% of its extra money to create a Bitcoin treasury.

The announcement did not seem to impress conventional equities traders although, as shares of the agency—which commerce on the Nasdaq below the ticker FTHM—are down almost 35% year-to-date.

Nonetheless, firm CFO  Joanne Zach spoke positively in regards to the firm’s Bitcoin technique, telling traders that it diversifies Fathom’s treasury holdings and “positions Fathom on the forefront of digital foreign money transactions in actual property immediately.”

The agency dedicated to buying as much as $500,000 of Bitcoin or Bitcoin ETF equivalents within the closing weeks of January.

Nuvve

Electrical automobile applied sciences firm Nuvve joined the checklist of publicly traded corporations making a Bitcoin treasury on the finish of January.

The agency, which trades on the Nasdaq as NVVE, introduced it could use as much as 30% of its money holdings to purchase the highest crypto asset, pending market circumstances.

Whereas its inventory worth rose barely on the day of the announcement, it in any other case has struggled this 12 months, dropping greater than 55% year-to-date. Along with implementing Bitcoin purchases with extra money, the corporate plans to just accept BTC as fee. “BTC acceptance will promote extra fee choices for purchasers and suppliers with doubtlessly much less transactional friction inherent to digital currencies,” mentioned firm CEO and founder Gregory Poilasne.

Edited by Andrew Hayward

Editor’s be aware: This story was initially printed on January 12, 2025 and final up to date with new particulars on March 23.