Bitcoin’s hashrate, an essential part of the computational power securing its blockchain, declined by 15% from 942.6 exahashes per second (EH/s) to 799 EH/s between June 15 and 24, 2025.
This was the sharpest drop in three years, caused by a summer heat wave putting pressure on the United States power grid, increasing energy costs, and overheating mining equipment. Some miners scaled back operations, citing the sector’s sensitivity to environmental and energy challenges.
By June 28, 2025, the hashrate rebounded to 911.17 EH/s, according to YCharts, and reached 914.80 EH/s by June 30 at block height 903,414, per CoinWarz, after briefly hitting a record 1,222 EH/s earlier that day.
Mitrade saw 30% one-day growth in hashrate, nearly reaching 1,000 EH/s, confirming the network’s vitality. The price of bitcoin remained stable during this period, trading at $107,485 as of June 30, 2025, following Europe’s heatwave, a sign of strong market sentiment.
26 Companies Joined the Bitcoin Treasury Trend
June 2025 marked a milestone in corporate adoption, with 26 companies adding bitcoin to their balance sheets, bringing the total to 252 major holders, according to BitcoinTreasuries.net’s June 27, 2025 data.
Public companies holding bitcoin increased from 64 in 2024 to 151 by June 2025, a 135% increase. Industry leader Strategy, holding 597,325 BTC, saw its stock rise 6% in June, boosted by its bitcoin-focused strategy.
FRB Law reported that investors acquired over 157,000 BTC in 2025, valued at $16 billion, driven by policies like the FASB’s fair market value rule, per Bitwise. However, adoption faces several challenges, with shareholders at Microsoft, Amazon, and Meta reportedly rejecting bitcoin reserve proposals, proof of selective corporate interests.
Where Bitcoin Goes Next: Resilience Meets Adoption
June 2025 also reveals bitcoin’s dual narrative of operational challenges and institutional growth. The 15% hashrate decrease exposed the vulnerabilities of mining to energy costs and climate conditions, but recovery to 914.80 EH/s by June 30 shows operational adaptability.
Technological improvements in energy-efficient mining and renewable energy adoption could further strengthen the network.
The addition of 26 companies, bringing total holders to 252, solidifying bitcoin’s role as a strategic asset, potentially stabilizing prices, and improving liquidity. The 135% surge in public company holdings are a testament to the policy shift toward institutional acceptance, though regulatory and shareholder resistance may slow progress.