Corporate bitcoin accumulation accelerated in May, with public companies collectively adding 43,557 BTC valued at approximately $3.2 billion, according to Bitcoin Magazine. Strategy, formerly MicroStrategy, remained the dominant buyer, continuing its long-running accumulation strategy. The month's activity was further marked by SpaceX entering the corporate bitcoin treasury space, signalling growing interest from major non-financial corporations in holding bitcoin as a reserve asset. The trend reflects a broader institutional shift toward bitcoin as a balance sheet holding, with companies across sectors increasingly treating the asset as a hedge or store of value. May's purchases represent one of the larger single-month corporate accumulation figures recorded, adding to the total bitcoin supply held by listed companies worldwide.
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