According to CoinMarketCap, public companies now hold nearly 1M BTC, with 91 percent of these corporate holdings in the United States, and its new Bitcoin Treasuries dashboard shows who is buying, where they are based, and how much BTC they control for holdings monitoring; source: CoinMarketCap, Dec 1, 2025.

According to The Kobeissi Letter, Bitcoin experienced a sharp decline after President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The order lacks details on funding mechanisms beyond the Bitcoin already held by the US, essentially pledging not to sell the current holdings.