The most significant digital currency, Bitcoin ($BTC), is beneficial not only for individuals but for institutions as well. Investing in $BTC saves companies against inflation, price fluctuation, and market volatility. This week, seven firms invested in Bitcoin i.e., Meta Planet, Bitdeer, Core Scientific, KULR Technology Group, LM Funding America, SBC Medical Group, and Jetking. All these companies are following Micro Strategy, the biggest holder of BTC right now.
Bitcoin Accumulation on the Rise with Meta Planet and Bitdeer Being on Top
Metaplanet is one of the biggest BTC treasury companies with its headquarters in Japan. Meta Planet strategically acquired BTC as core corporate asset to enhance shareholder value and leverage the capital market. On February 20, 2024, Metaplanet. Inc, released its Total Bitcoin Holding which was accumulated in BTC Treasury Operations of the Company. As per the list, on 20th February 2025, the firm’s total BTC Holdings was 2100.0, with an aggregate cost basis of 25.869 billion yen, and an average purchase price of 12,318,518 yen.
Talking about Bitdeer, it is another important BTC accumulating firm with its headquarters in Singapore. Bitdeer Official released its weekly report on February 21st, 2025, stating that 28 BTC were added to the total holdings of the firm as compared to the last week. The figure is 861 currently with no customer deposit involved, which is a very good score. Today, the firm has added another 50 BTC to its reserves.
Another 50 #BTC added to our holdings today for $4.82M—turning belief into action!
As of February 23, 2025 (Singapore Time), our total holdings stand at 911 BTC.#Bitcoin #BitcoinHoldings #BTC #btcmining $BTDR pic.twitter.com/Necwct3iXz— Bitdeer (@BitdeerOfficial) February 23, 2025
Other Firms Taking Part in BTC Accumulation
Core Scientific, KULR Technology Group, LM Funding America, SBC Medical Group, and Jetking are some of the other companies taking part in BTC holding. Core Scientific Inc. has made its name as a digital infrastructure leader for digital assets mining. Moreover, KULR Technology Group is renowned for its role in boosting the electrification of the circular economy. LM Funding America provides funding to nonprofit communities through various financial products.
Trending Now: Bybit, Phemex Hack Connection Exposed
This rising Bitcoin accumulation signifies that institutional interest in BTC is increasing. Meanwhile, retail demand is less than expectations as traders are interested in altcoins for higher gains. However, the rising institutional demand suggests BTC price is going up in mid-term towards $130,000.