Coinbase has issued a warning about the potential systemic risks posed by the growing trend of companies purchasing Bitcoin.

Prominent firms, such as Strategy led by Michael Saylor, have heavily invested in Bitcoin, amassing nearly 600,000 bitcoins, which accounts for about 3% of the total supply.

Recent geopolitical tensions, particularly an attack on Iran, have caused Bitcoin's price to dip towards $100,000, raising concerns about market stability.

In line with this corporate trend, GameStop has made headlines by acquiring $500 million in Bitcoin, funded through debt instruments.

The increasing adoption of Bitcoin by corporations and institutional investors may lead to higher inflows, potentially boosting market growth and solidifying Bitcoin's position in global investment portfolios.

Market analysts believe that while there are risks associated with this trend, they are manageable in the short term, and corporate buying is expected to support Bitcoin prices for the time being.

As of June 2025, companies collectively hold approximately $130 billion in Bitcoin, with publicly traded firms owning about $80 billion of that total.

David Duong, Coinbase's global head of research, has cautioned that if companies engage in indiscriminate selling to manage debts, it could lead to market liquidations and a wider sell-off in the cryptocurrency space.