Bitwise Asset Management has announced on social media platform X (formerly known as Twitter), the latest reconstitution of its Bitcoin Standard Corporation Index, tracked by the Bitwise Bitcoin Standard Corporations ETF ($OWNB). The index includes companies that hold over 1,000 BTC as treasury asset. To this list, two new entries have been made which include Fold Holdings ($FLD) and Bitdeer Technologies ($BTDR).

The total number of companies now included to this list has increased to 22 as of Q1 of 2025.
Being included in the Bitwise Bitcoin Standard Corporation index is considered to be significant because it indicates the company’s commitment of integrating Bitcoin into their corporate treasury strategies. With stringent criteria requiring firms to hold at least 1,000 BTC, and inclusion also signifies a leading position in the growing trend of corporate Bitcoin adoption.
This recognition further increases the company’s reputation among other investors and peers but also attracts interest from institutional and retail investor through the Bitwise Bitcoin Standard Corporations ETF ($OWNB).
Corporate Bitcoin Holdings Surpasses 648,000 BTC
In the updated Bitwise index that has been posted shows a combined Bitcoin treasury of over 648,000 BTC which is valued at more than $54 billion. This also accounts for approximately 3.2% of Bitcoin’s total supply, indicating the growing trend of companies adopting Bitcoin as a strategic reserve asset.
Fold Holdings ($FLD) is a financial services company that currently holds 1,485 BTC valued at $124 million, which is an index weight of 3.89%. Whereas, Bitdeer Technologies ($BTDR), a technology firm that specializes in digital asset mining and infrastructure, holds 1,090 BTC which is worth $91 million, with an index weight of 1.44%.
Strategy Remains Largest Contributor as per Bitwise
The largest part of the list remains with, none other than, Strategy (formerly known as MicroStrategy) ($MSTR), which has been dominating the space for a while now. The company holds 506,137 BTC which is worth $42 billion, with an index weight of 21.96%.
Other major players include Marathon Holdings ($MARA) and Tesla ($TSLA), indicating a diverse industry participation in Bitcoin adoption.
The fund does not invest directly in Bitcoin or derivatives linked to it but it provides exposure to companies leveraging Bitcoin in their corporate strategies. This approach offers investors a unique way to engage with the cryptocurrency ecosystem while mitigating direct exposure risks.
As corporate adoption of BTC continues to grow and expand globally, the inclusion of Fold Holdings and Bitdeer Technologies highlights the increasing integration of digital assets into mainstream financial technological sectors.
Also Read: BlackRock’s BUIDL Integrates Solana: Will SOL Reach $150 Today?