Corporate clients hold up to 15% of possessions in Mercado Bitcoin, says Exchang Exec

Corporate clients, mainly small and medium business, accounts for between 10% and 15% of all possessions under the care of Mercado Bitcoin, the largest Brazil crypto exchange, according to Daniel Cunha, the head of the company’s company.

“These companies are slightly moving more than 10% of their holdings at any time,” Cunha told CoinDesk in an interview with Exchange’s DAC 2025 Conference. “They are here to handle, not trade.”

Companies are primarily Bitcoin to protect their cash reserves from global volatility, he said, citing growing inflation, lowering of money and geopolitical establishment.

The trend grew when companies such as Strategy (MSTR) begin the adoption of Bitcoin as a corporate treasury asset. The approach now holds 639,835 BTC, making it the largest corporate holder in the world of cryptocurrency. Companies that are publicly exchanged, on the whole, hold more than 1 million BTCs, but how big the small and medium businesses hold.

Cunha did not announce the exact figures held by these companies at Mercado Bitcoin. Brazil has a history of cryptocurrency adoption, ranking fifth in chainalysis’ GLOBAL CRYPTO ADOPTION INDEXHowever it only has a company that has been publicly exchanged with BTC, Méliz. OranJebTC is set to be listed soon at Brazil’s B3 Exchange to be the country’s largest publicly exchanged Corptocurrency holder with $ 400 million in its treasury.

Cunha said these companies do not pursue harvest or experiment with the Altcoins, but instead focus on BTC and Stablecoins such as the USDT and USDC to manage their wealth. These holders serve conservative goals, cash-management rather than imaginary plays.

Increasing institutional activity also has an impact: it reduces the overall volatility of crypto markets, Cunha said. That is to make Bitcoin a more appealing choice for treasurers, even though the Asther Enterprise segment in Brazil is still beginning to adopt crypto.

“The big people in Faria Lima? They are on the side,” he said, referring to the financial district in Brazil’s largest city São Paulo is often compared to Wall Street. “They haven’t moved yet. Everybody is waiting to happen.”