Over the last six months, corporate digital asset treasuries (DATs) have amassed an additional 260,000 Bitcoin, significantly exceeding the 82,000 coins mined during the same timeframe. As reported by on-chain analytics provider Glassnode, the total Bitcoin held by companies surged from approximately 854,000 BTC to 1.11 million BTC, reflecting a growth of around $25 billion in value.
Michael Saylor's firm, Strategy, dominates this space, maintaining a substantial share with 687,410 BTC, equivalent to 60% of the total balance held by corporations. Following a pause in acquisitions, Strategy resumed its purchases in January, acquiring 13,627 BTC in its most significant transaction since July.
A second prominent player, MARA Holdings, holds 53,250 BTC, valued at around $5 billion. The entry of Bitcoin exchange-traded funds (ETFs) is expected to influence market dynamics further, with net inflows reaching nearly $22 billion in 2025. However, 2026 has seen mixed results, with a net inflow of just over $500 million amid significant fluctuations.