Public companies collectively held 1.15 million BTC at the close of Q1 2026, a 4.6% increase from the prior quarter, according to the latest corporate treasury data. Strategy, MARA, and Metaplanet were among the headline buyers driving the accumulation.
The quarter-on-quarter growth rate signals that corporate adoption is not plateauing — firms are continuing to add to balance sheets even as Bitcoin's market cap expands. With each successive quarter of net accumulation, the share of circulating supply locked in corporate treasuries tightens the effective float available to retail and institutional spot buyers alike.
If the 4.6% QoQ pace holds through 2026, corporate holdings could approach 1.2 million BTC by mid-year — a threshold that would represent a meaningful structural shift in who actually owns Bitcoin.
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