Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter. The statement was made on X.
"Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider Bitcoin Treasuries," said Saylor. "ETFs showed an 8% increase or about 111,000 BTC in the same period."
During the second quarter of 2025, both corporate and ETF bitcoin acquisitions surged, with public companies notably outpacing ETFs in direct bitcoin accumulation. According to CoinDesk, public firms added about 131,000 BTC—a record 18% increase from the first quarter—while ETFs saw inflows of roughly 111,000 BTC, reflecting only an 8% growth. This trend highlights a strategic move among corporations to hold bitcoin directly rather than rely solely on passive investment vehicles.