GameStop, Figma and Sequans Communications are among a growing list of companies expanding Bitcoin reserves and driving corporate adoption of digital assets in 2025.
New data indicates that total corporate Bitcoin holdings rose 23% in the second quarter of the year, bringing the combined figure to approximately 847,000 BTC.
This represents more than double the amount held by companies at the same time last year, underlining the continued appetite for Bitcoin as a treasury asset in the face of global economic uncertainty.
Sequans Communications, a French semiconductor firm, disclosed that it acquired an additional 370 BTC during the quarter, making it one of the largest single purchases outside North America this year.
GameStop and Figma have also confirmed significant Bitcoin allocations, extending a trend that began with early movers such as MicroStrategy and Tesla.
Market analysts attribute the renewed interest to increasing confidence in digital assets as an alternative store of value and a potential hedge against inflation.
The broader market rally, coupled with clear regulatory signals and new institutional products such as U.S.-listed spot Bitcoin ETFs, has strengthened the case for corporations to diversify part of their balance sheets into crypto.
Recent filings show that several technology companies, mid-sized manufacturers and financial services firms are exploring similar allocations as part of their treasury strategies.
Many are following a structured accumulation plan rather than large one-off purchases, aiming to benefit from cost averaging while avoiding market shocks.
Industry observers suggest that if this pace of corporate accumulation continues, it could help push Bitcoin’s price closer to $140,000 before year-end.
This projection assumes steady capital inflows from funds, favorable macroeconomic conditions and no abrupt changes in policy that could disrupt sentiment.
Bitcoin’s status as a treasury reserve asset has evolved since early corporate pioneers tested the waters during the last bull cycle. With additional players now participating and on-chain supply tightening, companies are positioning themselves for what many expect to be another significant leg of long-term growth.
For now, firms such as GameStop, Figma and Sequans are betting that strategic Bitcoin holdings will offer balance sheet strength and long-term capital appreciation. Their moves reflect a broader shift in corporate treasury management as digital assets gain wider acceptance in mainstream finance.
