In 2025, corporate Bitcoin treasuries reached significance exceeding $100 billion. This growth is accompanied by concerns over the risk of reserve centralization.
Corporate Treasuries and Their Market Impact
Recent data shows that as of the end of July 2025, corporate Bitcoin treasuries owned 791,662 BTC worth approximately $95 billion, representing 3.98% of Bitcoin's total circulating supply. As of 2025, 35 publicly traded companies held over 1,000 BTC each on their balance sheets. Leading holder Strategy maintains 506,137 BTC, valued at $42 billion as of March 31, accounting for 59% of the company's market capitalization.
Concerns Over Bitcoin Centralization
Crypto analyst Willy Woo warned that massive corporate Bitcoin reserves create vulnerabilities similar to gold in 1971. Speaking at the Baltic Honeybadger 2025 conference, he suggested that if the dollar weakens under Chinese pressure, the US might consider nationalizing corporate Bitcoin holders. "If the US dollar is structurally getting weak and China is coming in, it's a fair point that the US might do an offer to all the treasury companies and centralize where it could be then put into a digital form," Woo explained.
Long-term Forecasts and Market Implications
Despite warnings of possible nationalization, experts project massive long-term opportunities for Bitcoin. Woo estimates Bitcoin could grow 100-fold from its current $2 trillion valuation, potentially reaching $100-200 trillion over decades. Corporate commitment to Bitcoin continues to rise, despite regulatory uncertainties, which may influence price stability in the market.
The growth of corporate Bitcoin treasuries signifies not only an increase in their importance but also raises questions about centralization risks and long-term implications for the financial market.
