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Public companies and ETFs have aggressively accumulated Bitcoin, purchasing over 240,000 BTC in Q2 2025. While demand remains strong, analysts warn of potential bubble risks in the crypto market.
- Public companies and ETFs bought 242,766 BTC in Q2 2025, with firms increasing holdings by 18% and ETFs by 8%.
- Corporate Bitcoin holdings now exceed 855,000 BTC (~4% of total supply), reflecting sustained institutional demand.
- Analyst DonAlt warns of a 'bubble forming' but acknowledges short-term upside potential in BTC's price surge.
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Other Tags: DonAlt, Kobeissi Letter, The Kobeissi Letter