Adambak predicts that ultimately companies will be able to hold Bitcoin as their core financial asset.
Bitcoin’s corporate recruitment is accelerating, with 28 new companies purchasing 140,600 BTC between July and August 2025.
Publicly available companies currently own nearly 1 million BTC, led by MicroStrategy.
At the Bitcoin Asia Conference 2025 in Hong Kong, Blockstream CEO Adambak made a bold prediction. In the future, most companies will retain Bitcoin as part of the Ministry of Corporate Treasury.
Just In: Cypherpunk legend Adam Back says, “In the end, all businesses will become #Bitcoin Treasury Companies.”
There’s nothing to stop this train 🚀pic.twitter.com/x2cmjlale2
– Bitcoin Magazine (@bitcoinmagazine) August 29, 2025
According to Buck, the smartest way for businesses to deal with Bitcoin is to make it part of their strategy.
“The only way companies can match or outperform Bitcoin is to buy Bitcoin, use capital markets to increase Bitcoin per Bitcoin, run their core business, reinvest profits to buy Bitcoin, and use additional profits to expand their products and services.” “From that perspective, I think that in the end, perhaps all companies will become Bitcoin finance companies.” He added.
Corporate adoption accelerates
According to Bitwise, 28 new companies purchased 140,600 BTC in July and August. This is roughly the same as the supply of new Bitcoin for the year. This shows how quickly companies adopt Bitcoin, adding to the bullish outlook.
Just In: Bitwise Reports 28 #Bitcoin Treasury Companies purchased 140.6K BTC in July and August. This is equivalent to years of supply.
Busy 🔥pic.twitter.com/tx2nqhrvav
– bitcointreasuries.net (@btctreasuries) August 29, 2025
Institutions and governments continue to accumulate bitcoin. Data from bitcointreasuries.net shows that public companies own nearly 1 million BTC, led by MicroStrategy with over 632,000 BTC, and led by Mara Holdings and others.
The private companies together have around 296,945 BTC, while the government agencies manage 526,357 BTC.
Adam Back’s BSTR is preparing for Nasdaq’s debut
Adam Back’s Bitcoin Standard Treasury Company has announced plans to make it public by merging with Cantor Equity Partners I, a SPAC backed by Cantor Fitzgerald, to sign up to $1.5 billion in funding to sign the largest deal at Bitcoin Treasury Spac.
BSTR will be launched on the balance sheet for 30,021 Bitcoin, making it the fourth largest corporate Bitcoin holder. The company plans to begin trading on NASDAQ under the ticker “BSTR” after the expected trading closes in the fourth quarter of 2025.
How the Corporate Treasury can unlock trillion dollars
Buck has previously said that companies like MicroStrategy are exploiting the gap between today’s Fiat Money and Bitcoin’s future potential. He says the strategy is very profitable, scalable, worth trillions if widely adopted, and that most large public companies can hold Bitcoin at the Treasury.
As companies’ adoption accelerates, Bitcoin is no longer just an asset. It is becoming the foundation of the future of global finance.

