Crypto
ITALY-BITCOIN-COMPRO-EURO-CRYPTOCURRENCY
Bitcoin logo (Pierre Teyssot/Getty Images)

Public companies now hold more than 1 million bitcoin

At current prices, the total pile of 1,000,698 bitcoin is worth almost $110 billion.

While bitcoin hasn’t been doing too hot lately, hovering in the $107,400 to $113,200 range in the past week, some bitcoin-adjacent developments are on fire.

For one, total bitcoin holdings by the 183 publicly listed companies have now crossed the 1 million mark, “nearly 5% of all the BTC that will ever be,” according to Bitcoin Treasuries. To put this in perspective, public companies held just over 416,000 bitcoin a year ago.

“The milestone of public companies collectively holding over 1 million bitcoin reflects the dawn of a new era in finance. Bitcoin’s reach extends beyond profits — it represents access, transparency, and opportunity across borders. This level of corporate adoption points toward a more inclusive and global financial system,” Tim Kotzman, founder of Bitcoin Treasuries Media, told Sherwood News.

These public companies are inching closer to bitcoin ETFs and other funds, which hold a total of 1.47 million bitcoin.

Bitcoin also notched another record, as its single-day hash rate — the computing power used by a blockchain — “hit an all-time high of 1.279 on Tuesday,” Decrypt reported.

The previous all-time high was 1.2275 zettahash per second on August 14, Coinwarz data shows. This coincides with bitcoin’s own all-time high.

Finally, bitcoin ETFs are heating up again, with two consecutive days of inflows, accumulating $634 million. This is a welcome turnaround following August’s bruising $751.12 million in outflows, per SoSovalue data.  

In other news:

  • Bitcoin miner CleanSpark produced 657 bitcoin in August, a slight decrease from the 671 bitcoin it produced in July. The company holds 12,827 bitcoin.

  • BitFuFu, another bitcoin miner, increased its bitcoin holdings to 1,899 bitcoin. The company produced 408 bitcoin in August, a 12.6% month-over-month decrease.

More Crypto

See all Crypto
Polar Bear on Iceberg

Crypto altcoin pain deepens as red monthly candles continue to stack up

XRP, solana, and dogecoin haven’t posted a positive monthly return since September, while ethereum is on track to have its fifth consecutive monthly red candle.

crypto

Ripple launches treasury platform to manage cash and cryptocurrencies

Ripple, the firm closely tied to the fifth-largest cryptocurrency, XRP, introduced a new treasury platform for digital asset and traditional cash management for users like financial officers, treasurers, and accountants. 

Ripple’s move comes more than three months after it acquired treasury software provider GTreasury for $1 billion, one of several steps to grow the firm’s position in corporate finance.

Combining Ripple’s blockchain rails and GTreasury’s software, the new platforms goal is to simplify treasury operations. It eliminates settlement delays with payment times of three to five seconds and optimizes yield from working capital 24/7 through tokenized money market funds such as BlackRock’s BUIDL and overnight secure repo markets with RLUSD, according to a Tuesday blog post

Ripple Treasury also aims to provide “real-time cash positions, automated forecasting, and seamless reporting across traditional cash, digital assets, RLUSD, and XRP holdings,” the blog post stated.

Last year, Ripple filed its national banking license application with the US Office of the Comptroller of the Currency, while the firm’s subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, which would allow Ripple to hold RLUSD reserves directly with the Fed.

XRP has seen $2.4 billion in trading volume in the last 24 hours, increasing 1.8% in the period. The tokens all-time high was set in July 2025 at $3.65. Meanwhile, spot XRP ETFs had nearly $9.2 million worth of inflows on Tuesday, bringing cumulative inflows to $1.4 billion.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.