Public companies have purchased 3.3 times more bitcoin than this year’s new supply

According to a new graph by asset management manager Bitwise, public companies have purchased 3.3 times more than Bitcoin. With that in mind, the new supply for the year is about 60,000 BTC and the company has exceeded 196,000 BTC purchases.

A year ago, only a few companies, especially Strategy and Metaplanet, held Bitcoin on their balance sheets. Now, over 70 companies have a public Bitcoin treasury strategy, according to strategy CEO Phong Le, “We may be in 700 companies next year.”

This growth is not random, and it is a clear signal that the company’s strategy is developing rapidly. Companies no longer only test waters; they are diving. This is not a short-term trend – it is a major shift in how businesses think about money, reserves and long-term value protection.

Just yesterday, the founder and CEO of David Bailey, Nakamura, announced a merger with KindlyMD to establish the Bitcoin Treasury Department. “We are micro-sized sheet squares, but what we are trying to build is a portfolio of global Bitcoin finance companies and capital markets to visit, and we want to have a car that investors can buy in every major capital market,” David said in an interview with CNBC.

In the 2025 Bitcoin for Strategic World in Orlando, Florida last week, Strategy Chairman Michael Saylor said Bitcoin finance companies are “extremely strong” and he is not just hyping up. He predicts a 30-60% annual growth over the next decade, with a long-term forecast of 29-30%. This is not normal corporate growth, it is an exponential compound with convictions.

Sailer points out how helpful even if the political pushback is. “Every time a politician stops something or reacts to a negative reaction, they push it forward,” Sailer said. “You can’t pay for the marketing we just got in Arizona. This will catalyze millions of people saying, ‘What is this? Is this the right decision? Should we reevaluate that?’ Everything is good for Bitcoin.”

He is right. Whether it’s a state ban or a media panic, what it does is make people curious. This curiosity leads to research, which leads to understanding, for many companies and investors, ends with buying Bitcoin.

Le Phong also highlights how recent U.S. government actions are actually optimistic:

“What happened to the U.S. government – ​​a hug of strategic bitcoin reserves, digital asset frameworks, Stablecoin bills – we have a very supportive government that makes everyone wake up and say ‘What is this bitcoin stuff?”