The numbers are striking. Public companies purchased 110,000 Bitcoin in Q2 2026 alone, representing a 1.8x increase over the combined total from the previous two quarters. To put that in perspective: corporations are now buying Bitcoin at a pace that has almost nothing to do with what miners are actually producing.
According to data from bitcointreasuries.net, public companies accumulated 166,984 BTC year-to-date through early July 2026. Over that same stretch, miners produced roughly 81,153 BTC. Corporate demand is running at more than double the rate of new supply.
The scale of what is happening
Total corporate Bitcoin holdings have now crossed 1.26 million BTC, valued at an estimated $79 billion. That figure represents more than 6% of Bitcoin’s entire fixed supply of 21 million coins, locked inside public company balance sheets.
Strategy, the company formerly known as MicroStrategy, remains the undisputed anchor of this trend, holding more than 847,000 BTC. That single corporate wallet controls roughly 4% of all Bitcoin that will ever exist.
