TLDR
- Corporate Bitcoin treasuries added 260,000 BTC in six months, three times the 82,000 BTC mined during that period
- Strategy owns 687,410 BTC, representing 60% of all corporate Bitcoin holdings worth $65.5 billion
- Total corporate Bitcoin holdings grew from 854,000 BTC to 1.11 million BTC, a 30% increase
- Strategy made its largest Bitcoin purchase since July, buying 13,627 BTC between January 5-11
- US spot Bitcoin ETFs recorded nearly $22 billion in net inflows during 2025
Corporate Bitcoin treasuries accumulated 260,000 BTC over the past six months. This represents three times the amount of Bitcoin mined during the same period.
💰 TREASURIES BOUGHT 3X MORE BTC THAN MINERS
Public and private company treasuries now hold ~1.11M BTC, up from ~854K.
Over the past 6 months, they added ~260K BTC, while miners produced ~82K, about 3x less. pic.twitter.com/oS1uGgXAHM
— Coin Bureau (@coinbureau) January 14, 2026
On-chain analytics provider Glassnode reported that corporate digital asset treasuries increased their holdings from 854,000 BTC to 1.11 million BTC. The 260,000 BTC expansion equals roughly 43,000 BTC per month.
At current market prices, the accumulated Bitcoin is worth around $25 billion. Bitcoin miners produced an average of 450 BTC daily during this timeframe.
This resulted in approximately 82,000 newly mined coins over six months. The data shows corporate buying exceeded new supply by a ratio of 3-to-1.
Strategy Dominates Corporate Holdings
Strategy holds the largest corporate Bitcoin position with 687,410 BTC. This represents 60% of all Bitcoin held by public and private companies.
The firm’s holdings are valued at approximately $65.5 billion at current prices. Strategy resumed purchases in January after a brief pause.
Between January 5 and January 11, the company acquired 13,627 BTC. This marked Strategy’s largest purchase since July 2025.
MARA Holdings ranks as the second-largest corporate holder. The company holds 53,250 BTC worth about $5 billion.
ETF Demand Adds Pressure
Spot Bitcoin exchange-traded funds contributed to buying pressure throughout 2025. US spot Bitcoin ETFs recorded nearly $22 billion in net inflows last year.
🇺🇲 US ETFs Buy 9505 #Bitcoin
Highlights:
Fidelity + 3630
Blackrock + 2045
Ark + 1940
Grayscale BTC ETF + 740
GBTC + 723
Bitwise + 700 pic.twitter.com/qCf3vmpxFk— Thomas Fahrer (@thomas_fahrer) January 7, 2025
BlackRock’s iShares Bitcoin Trust took the largest share of these inflows. Matt Hougan, chief investment officer at Bitwise, said ETFs have been buying more than 100% of new Bitcoin supply since their January 2024 debut.
The start of 2026 showed mixed results for ETF flows. Data indicates $1.9 billion in inflows and $1.38 billion in outflows.
This resulted in net aggregate inflows of just over $500 million. Hougan stated that existing Bitcoin holders have been willing sellers, preventing parabolic price movement.
He suggested that if these sellers exhaust their supply, the demand imbalance could become more visible. Corporate treasury holdings increased 30% over the six-month period according to Glassnode data.




