Bitcoin hitting all-time high with increasing institutional adoption and companies holding significant amounts.

From Nasdaq Corporation

June 09, 2025 11:10:00 AM:

Bitcoin has hit an all-time high of $112,000 on May 22, with increasing acceptance and institutional adoption driving the surge. More than 70 publicly listed companies, including MicroStrategy and Marathon Digital, hold 720,728 bitcoins worth $68.5 billion. The liberal policies of U.S. President Donald Trump have also been beneficial for Bitcoin.

CME Group reported a record average daily volume of 29.8 million contracts in the first quarter of 2025, up 13% over the previous year. The company expects strong volumes in 2025 due to customer demand for efficient trading solutions. Clearing and transaction fees contribute significantly to CME Group’s revenue.

Marathon Digital holds 47,531 bitcoins and continues to scale operations with strategic expansions in Ohio. The company aims to minimize operational risks by owning and operating over 50% of its compute capacity, aligning with its goal to lead the digital asset industry. Marathon Digital acquired facilities below industry average costs, enhancing efficiency.

MicroStrategy, the world’s largest Bitcoin treasury company, holds 580,250 bitcoins and benefits from increasing bitcoin yield. The company plans to raise $42 billion through equity and fixed income securities by 2027. MicroStrategy leverages generative AI and partnerships with cloud giants like Amazon Web Services and Microsoft to drive growth.

Read more at Nasdaq: Best Cryptocurrency and Blockchain Stocks to Power Up Your Portfolio