Recently, I have been looking at the growth trends of companies adding bitcoin to their finances. This shift opens up two major investment options for people like us. Buy Bitcoin directly or invest in companies that own a large amount of Bitcoin.
Direct investment is simple and easy, but Bitcoin Treasury stocks offer significantly higher risk and higher returns. This is what I found in my research.
Bitcoin Investment vs Bitcoin Ministry of Finance Stocks
Let’s start with the basics. Buying Bitcoin directly means owning the assets entirely. You control it, benefit directly from price movements, and are not affected by decisions from outside companies. It’s easy to manage.
In contrast, the Bitcoin Treasury is the stock of a company that holds Bitcoin as part of its corporate strategy. Currently, MicroStrategy, which has been renamed Strategy, is a prime example. Investing in these companies will allow you to get in touch with Bitcoin, but it will add leverage. This leverage can boost returns in bull markets, but also increases exposure to risks, such as company performance, leadership decisions, and broader market volatility.
Why do companies stockpile bitcoin?
This has led me to ask: Why are so many companies doing this?
The reasons are different. Some companies view Bitcoin as a hedge against inflation, while others view it as a strategic way to diversify the Ministry of Finance. For some companies, especially those responsible for crypto-centric businesses such as Marathon Digital and CleanSpark, keeping Bitcoin is a central part of your business. Others do it primarily to attract crypto investors or increase shareholder value.
MicroStrategy is a unique case. The company went all in and used the funds specifically raised for that purpose to purchase a large amount of Bitcoin. It became the first public company to win over $250 million in Bitcoin.
Real World Performance: Bitcoin and Treasury Stocks
This is where the numbers really stood out.
As of May 17, 2025, Bitcoin has traded approximately $103,482. This is an increase of approximately 57.65% per year.
Meanwhile, the strategy (formerly MSTR) is trading at $399.80, a 152% jump over the same period. Since adopting the Bitcoin standard on August 10, 2020, the strategy has seen revenues of over 3,358% compared to 1,028% of Bitcoin over the same period.
Obviously, financial stocks like Strategy can outperform Bitcoin during bull markets, but this comes with much higher volatility.
But what is the catch?
This puts us at risk. Because they are not small.
Leverage is a double-edged sword. If Bitcoin drops, these stocks could fall even more violently. You don’t have control either. Companies can decide to sell Bitcoin Holding or Shifting Strategy at any time, which will directly affect your investment.
Many of these companies rely heavily on Bitcoin’s success because they are floating. Strategy’s core software business, for example, has declined by 12% over the past decade. If Bitcoin crashes, these companies could face great financial stress, and even bankruptcy, in extreme cases.
There is also the issue of revenue volatility. Public companies must report crypto holdings quarterly, which can lead to significant fluctuations in reported revenue. Adds security risks, including the $1.5 billion Bit Hack in 2025. It is clear that this is not a risk-free option.
Side-by-side comparison
So, while Treasury stocks have the potential for amplified returns, they create a much heavier risk load than Bitcoin itself.
Final thoughts
From everything I have considered, this is takeaway.
If you’re looking for simplicity, control, and easy ways to profit from Bitcoin’s long-term growth, buying Bitcoin or Spot ETF is your best option. Avoid business risks, leadership changes, and economic complexity.
But if you are a high-risk investor aiming for greater compensation and are confident in the company’s strategy and leadership, Vitocoin Treasury stocks can bring about large profits.
After all, it all comes down to your risk tolerance and investment goals. Choose the best option for some uncertainties you are willing to take.
