Bitcoin Gains Momentum as Future Global Reserve Currency
Changpeng “CZ” Zhao, the former CEO of Binance, envisions Bitcoin becoming the world’s primary reserve currency. His prediction aligns with growing adoption by businesses and nations.
As of August 2025, over 300 entities hold Bitcoin in their reserves. This trend marks important progress toward Bitcoin’s role in mainstream finance.
CZ emphasized the evolution of conventional financial sectors embracing Bitcoin. He noted, “We’ve come a long way.” Other cryptocurrencies are also gaining traction alongside Bitcoin.
In July, when Bitcoin hit $122,000, CZ highlighted the asset’s growth potential. He recalled how hitting $1,000 in 2017 felt monumental.Today, that price seems trivial. By late August, Bitcoin peaked at $124,128, proving CZ’s optimism.
Recently, 17 new entities added Bitcoin to their reserves. There are now 309 total holders. Public companies lead with 177 participating institutions.
The pace of adoption is accelerating. In 2024, onyl 37 companies adopted Bitcoin.By mid-2025, this number rose to 51. Over 35 public companies hold at least 1,000 BTC each.
Michael Saylor’s Strategy leads with 632,457 BTC,accounting for roughly 3% of all Bitcoin. Currently, 3.68 million BTC is held by various organizations.
This massive shift illustrates Bitcoin’s rising influence. With nearly 20 million BTC in circulation, there remains potential for further adoption.
- Over 300 entities now hold Bitcoin.
- Public companies are primary adopters.
- Bitcoin adoption is accelerating in 2025.
- Michael Saylor’s Strategy holds significant bitcoin.
