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 income for the software program firm amid the newest Bitcoin increase, pushing its inventory value to an all-time excessive in November as its stash tops $42 billion price 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 current 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 build up 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 current reserve companies are boosting their stockpiles.

Listed here are 11 extra publicly traded corporations which can be 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 isn’t any indication that the automotive maker is promoting its Bitcoin.

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

It backtracked on the latter plans after Musk shared concern in regards to the environmental influence of Bitcoin mining, and bought a few of the cash—but it surely nonetheless has a considerable stash with current stories exhibiting 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 price at the very least $758 million as of writing time, in line with 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 grew to become 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, in line with an organization assertion. 

Additionally it is aiming to reinvent itself as a go-to platform for the crypto group. To attain that objective, the corporate has obtained 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, in line with 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 know-how firm Semler Scientific started buying the most important 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 yr.

“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 extra financing alternatives that may 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 and marketing know-how 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 property in its treasury, along with enabling the corporate to revenue off of the cryptocurrency’s long-term worth development, Banzai CEO Joe Davy mentioned final yr in a press release.

Fold

Bitcoin providers agency Fold not too long ago 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 is just not 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 objective: offering worth to traders searching for Bitcoin publicity, whereas appearing as a company strategic reserve to help 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 property as a hedge towards inflation.

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

Rossi added that the agency is taking a long-term strategy 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.

However, 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 at this time.”

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

Edited by Andrew Hayward

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