The world's top 10 public companies that own over 1,000 bitcoins have underperformed the S&P 500 index and gold in 2025. Among the top 10, Norway-based Aker ASA has remained flat, while Galaxy Digital has underperformed the S&P 500 by 25%. Bitwise Asset Management, backed by David Sacks, has launched an ETF that includes these companies. Despite efforts to promote BTC treasuries, BTC-owning companies have failed to keep pace with benchmark equity and wealth stores of value in 2025.
Content Editor ( protos.com )
- 2025-03-12
Public bitcoin companies underperform gold, S&P in 2025
