As of October 2–3, 2025, the total Bitcoin network hash rate surpassed 1.05 ZH/s. Mining difficulty increased 5% to 150.84 trillion (T), providing unprecedented computational power that secures the blockchain. Despite this, the hashprice—revenue per petahash—fell below $50, pressuring miners’ profitability. This is particularly challenging for miners with high energy costs.

Bitcoin Mining Difficulty and Hash Rate: What It Means

Mining difficulty adjusts automatically every 2,016 blocks to maintain an average block time of 10 minutes and to secure the network. The adjustment reflects changes in the network’s hash rate. An increasing hash rate indicates more miners joining the network and using more computational power. This strengthens security but also raises hardware and energy costs.

MARA’s Bitcoin Treasury Reaches $6.4 Billion

U.S.-based Marathon Digital (MARA) added 373 BTC in September, bringing its total Bitcoin reserves to 52,850 BTC, valued at approximately $6.4 billion. The company mined 736 BTC during the month, representing 5.2% of total network miner rewards. MARA increased its hash rate by 1% to 60.4 EH/s and activated all mining containers at its Texas wind farm.

MARA produced 218 blocks in September, a 5% increase from the previous month. With a market value of around $7 billion, MARA is the third-largest publicly traded miner.

Cango Reserves Rise to 5,810 BTC

China-based Cango mined and held 616.6 BTC in September, raising its total Bitcoin treasury to 5,810 BTC (~$700 million). The company operates at a 50 EH/s hash rate, efficiently utilizing 89.7% of its capacity. CEO Paul Yu noted that this performance provides a strategic foundation for expansion into high-performance computing (HPC). According to Bitcoin Treasuries, Cango ranks 18th among publicly traded companies.

Bitcoin Price and Market Outlook

Bitcoin is currently trading at $120,373. Public mining companies’ BTC reserves are as follows:

• Strategy (Michael Saylor): 640,031 BTC – $77 billion
• MARA: 52,850 BTC – $6.4 billion
• Tether-backed Twenty One: 43,514 BTC
• Metaplanet: 30,823 BTC
• Bitcoin Standard Treasury: 30,021 BTC

This data highlights that institutional accumulation of Bitcoin continues, with mining companies playing a critical role in the ecosystem.

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Figma’s $69.5 million BTC purchase drew major attention. In a pre-IPO filing, the company confirmed acquiring 843 BTC. With this move, Figma joins the growing list of firms adopting Bitcoin as a long-term reserve asset. Additionally, newcomers like Cel AI and Opyl Limited made their first BTC acquisitions. 

Companies Strengthen Strategic Reserves 

This week also saw numerous announcements of strategic BTC plans. Twelve companies revealed new Bitcoin reserve strategies, including players from the gold sector. Amber International, for example, announced a $25.5 million private placement to build up its BTC reserves. 

Week 27 – #Bitcoin Treasury Strategy Updates

June 30-July 4 saw 54 announcements – 8.4k BTC!

– 4 new treasuries, Figma with ~843 BTC as nice surprise
– 12 future treasuries announcements, including 2 Gold-related companies
– 18 companies added bitcoin, totaling… pic.twitter.com/2qiOfROS2C

— NLNico (@btcNLNico) July 5, 2025

Meanwhile, DV8 is set to be acquired by a consortium aiming to integrate Bitcoin into its treasury plans. Metavesco officially launched its BTC treasury program, and Blue Star Capital increased its indirect exposure with an additional $1.7 million investment. 

Food giant DDC Enterprise raised $528 million to expand its BTC reserves. Most firms now view Bitcoin not just as an investment, but as a strategic reserve asset, a view increasingly shared across industries. 

Institutional Adoption Spreads Across Sectors 

Hamak Gold Limited announced it would allocate $3.4 million in surplus capital to its BTC treasury. Swedish gaming company Fragbite Group expanded its BTC holdings with a $530,000 purchase. Furthermore, six other companies shared BTC policy updates, signaling growing transparency even without direct purchases. 

In total, 18 companies added 7,591 BTC to their treasuries this week. Additionally, 14 companies publicly announced active plans for future Bitcoin investments. Some moves are large-scale, while others represent consistent, smaller steps. 

Bitcoin is no longer seen as a mere investment. Companies increasingly regard it as a cornerstone of modern financial strategy, highlighting its deepening role in the corporate world. 

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The market responded instantly, and so did the company’s share price.

Metaplanet Aims for 210,000 Bitcoin, Setting a Historic Target

In a June 6 announcement, Metaplanet revealed its updated Bitcoin acquisition strategy. The new target of 210,000 Bitcoin marks a tenfold increase from the previous 21,000 BTC goal. If achieved, Metaplanet would become the world’s second-largest public Bitcoin holder, just behind Strategy, led by Michael Saylor.

On June 9, the company’s stock rose over 22%, trading as high as 1,641 yen. In just five days, Metaplanet shares gained 24%.

The “555 Million Plan” Signals Aggressive Accumulation

The so-called “555 million” plan will see Metaplanet acquiring 201,112 more Bitcoin over the next three years. At current prices, this would cost over $21 billion. The firm’s interim goal is to reach 100,000 Bitcoin by 2026.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Metaplanet currently holds 8,888 Bitcoin, after buying an additional 1,088 on June 2. Since its first purchase in July 2024, the company’s stock has skyrocketed by 1,744%.

Institutional Bitcoin Buys Fuel Global Corporate Trend

More public companies are turning to Bitcoin reserves. South Korea’s K Wave Media, Paris-based Blockchain Group, and Indonesia’s DigiAsia Corp have all jumped on the bandwagon, with their stock prices surging post-announcement.

Yet not all firms see gains. Norwegian firm K33’s stock remained flat despite its Bitcoin buy plan.

Still, according to Standard Chartered, corporate Bitcoin holdings now represent 3.2% of all that will ever exist — worth over $342 billion.

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Metaplanet’s Interest in Bitcoin 

With this move, the company stated it continues its strategy of adopting Bitcoin as a reserve asset amid economic uncertainties in Japan. Metaplanet is investing in Bitcoin not only for its own strategic interests but also to reflect institutional investors’ growing interest in digital assets. Moreover, it is turning to Bitcoin as a hedge against the depreciation of the Japanese yen. 

Strategic Goal: 21,000 BTC by 2026 

The company aims to increase its Bitcoin reserves to 21,000 BTC by the end of 2026. It also plans to support global operations and improve access to U.S. institutional investors by establishing a subsidiary named “Metaplanet Treasury Corp.” in Florida. This new entity will be backed with up to $250 million in capital. 

On April 14, 2025, Metaplanet purchased 319 Bitcoin, bringing its total BTC holdings to 4,525. The acquisition cost around $26.3 million, with an average price of $82,549 per coin.The company’s CEO, Simon Gerovich, shared the transaction on social media. According to BitcoinTreasuries.net, Metaplanet currently ranks 11th globally among institutional Bitcoin holders, with 5,000 BTC. 

By accumulating BTC through bond issuance, Metaplanet is setting a new financial direction for other companies in Japan. These actions clearly demonstrate the growing acceptance of cryptocurrencies at the institutional level. The company’s strategy not only aims for financial gain but also leads the way in corporate-level crypto adoption. 

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Jetking to Issue Equity Shares to Buy Bitcoin

Jetking Infotrain Limited, a Mumbai-based IT training company, announced on Wednesday that it plans to raise ₹6.6 crore ($793,000) through a preferential equity share issue to increase its bitcoin reserves and fund cryptocurrency-related ventures. Jetking’s CFO, Siddarth Bharwani, confirmed this development.

Jetking Invests in Bitcoin through Preferential Equity Share Issue for Crypto Purchases

The “Strategic Fundraising” plan, approved by the board, aims to accelerate digital asset acquisitions, said CFO Bharwani in a statement on April 2. The capital will be raised by issuing 428,622 equity shares to the company’s promoter groups and specific non-promoters. This process will be carried out in compliance with SEBI and Companies Act regulations.

A large portion of the raised funds will be used for bitcoin (BTC) purchases, while also supporting general corporate needs and BTC-focused training programs. As of the end of 2024, Jetking holds approximately 14.77 BTC ($1.2M) and had adopted a “bitcoin-only” treasury policy.

Founded in 1947 as an electronics company, Jetking switched to IT training in 1990. With 100 centers across India, it trains 35,000 students annually in areas such as blockchain, cybersecurity, and related fields. The company reported a 39% increase in operating income for Q3 2024.

In December 2024, Jetking became the first public company in India to add bitcoin to its balance sheet. This strategy followed the lead of US companies like Strategy and MARA. Jetking’s share price rose by 20% after its first BTC purchase.

The equity share issuance will be subject to shareholder and regulatory approvals. Bharwani hinted, “Big things are coming,” signaling Jetking’s ambitious strategy in the crypto space despite India’s cautious approach to digital assets.

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The company announced on December 19 that it had purchased 990 Bitcoin (BTC) at an average price of $101,710, aligning with its strategy of combining low-cost Bitcoin production with opportunistic market purchases to establish BTC as a reserve asset.

Hut 8‘s expansion of its BTC reserves highlights the increasing interest from institutional investors in Bitcoin as a strategic asset in financial portfolios. This trend gains momentum as the United States prepares for a more crypto-friendly administration under Donald Trump.

With this purchase, Hut 8 has brought its total BTC reserves to 10,096 BTC, with an average acquisition cost of $24,484.

Strategic Reserve Management

Hut 8 CEO Asher Genoot stated that the company’s strategic BTC reserve is a vital component of its treasury strategy and aligns with its operational and capital objectives. Genoot explained, “As we scale operations and extend our cost advantage in Bitcoin production, we expect to grow these reserves organically at prices significantly below market rates.”

The company aims to raise a total of $500 million to purchase BTC as a strategic reserve asset, supported by a recent $250 million stock repurchase and sale program.

Hut 8 Class-Action Lawsuit

On December 2, the company filed a motion to dismiss a class-action lawsuit initiated by its shareholders. The lawsuit allegedly stems from a short-seller report by J Capital Research, which Hut 8 claims was part of a campaign to sink its stock for financial gain.

The lawsuit arose after J Capital Research accused Hut 8 of overstating the profitability of its acquisition of United States Bitcoin Corp. and concealing operational issues at a Texas facility. Hut 8 has denied these allegations.

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