GameStop, Strike Among Growing List of Firms Adding Bitcoin to Treasuries

• GameStop leads public firms with a major 4,170 BTC treasury allocation in Q1 2025.
• Bitcoin adoption spreads to biotech, food, and healthcare firms globally.
• Private and public companies increasingly diversify reserves with Bitcoin.

More companies are moving to integrate Bitcoin into their corporate treasury strategies, reflecting an expanding institutional presence in the digital asset space. GameStop , Zap Solutions Inc. (Strike), and firms across biotech, food, and fintech sectors disclosed new Bitcoin holdings in the first quarter of 2025. These additions vary in size and location but represent a collective shift toward digital asset inclusion in balance sheets.

GameStop leads the latest group of corporate holders, disclosing a total of 4,170 BTC. The gaming retailer’s entry marks one of the largest new allocations by a public company this year. Its major acquisition signals a growing acceptance of Bitcoin among non-financial firms in consumer-facing industries.

Zap Solutions Inc., the parent company of Bitcoin payments company Strike, has reported a holding of 1,500 BTC. Though classified as a private acquisition, the amount aligns with the firm’s broader initiatives in promoting Bitcoin-based payment systems. The disclosure places Zap Solutions among the top-tier corporate holders following GameStop’s move.

The trend is not limited to the tech or financial sectors. Argentina-based Roxom Global added 98.08 BTC to its reserves under private classification. Meanwhile, DDC Enterprise entered the market with 100 BTC, further contributing to the corporate shift toward digital assets.

Biotech and Healthcare Entities Participate

ATAI Life Sciences, a German biotech firm specializing in psychedelic treatments, acquired 58 BTC in the first quarter. The move is evident given the biotech sector’s limited involvement with crypto assets in the past. U.S.-based KindlyMD/Nakamoto, focused on medical services, also joined with a 21 BTC entry. These firms bring diversification to the profile of Bitcoin adopters, extending beyond the fintech and trading space.

Two additional firms, Coincilium Group Forza! and Walnut Capital of Hong Kong, reported initial holdings of 10 BTC each. These entries reflect expanding interest from both European and Asian companies.

Food Sector Adds to Bitcoin Holdings

Corporate participation extended to the food and retail industry. Where Food Comes From, a U.S.-based traceability company focused on supply chain transparency, acquired 7 BTC in the first quarter. GreenMerc, Al Abraaj Restaurants, and Sweden’s H100 Group followed with smaller allocations of 6.2 BTC, 5 BTC, and 4.39 BTC, respectively.

While these amounts are low, they show an expanding footprint for Bitcoin across operational domains beyond finance. These firms represent regional businesses with a growing interest in asset diversification through digital currencies.

Across all sectors, the adoption of Bitcoin as a treasury asset continues to grow. The first-quarter activity underscores increasing corporate willingness to hold Bitcoin on balance sheets, with entries from both public and private firms.