54 Firms Invest $900M in Bitcoin Treasuries

The corporate world's embrace of Bitcoin continues to strengthen. In early July, 54 companies announced new treasury plans or purchases, totaling over $900 million in Bitcoin (approximately 8,400 BTC at current prices).

Major Corporate Bitcoin Investments

This significant investment reflects a growing confidence in Bitcoin as a store of value and showcases its increasing role in corporate finance strategies. Notable investments include:

• Figma: Acquired approximately $70 million worth of Bitcoin.
• Cel AI and Opyl Limited: Made their first Bitcoin treasury investments.
• Hyper Bit: Added to its existing Bitcoin holdings.
• Amber International: Raised nearly $26 million via private placement specifically for its Bitcoin strategy.
• A consortium: Plans to integrate Bitcoin into its treasury as part of a DV8 takeover.
• Hamak Gold: Allocated proceeds from a $3.4 million capital raising for future Bitcoin purchases.
• DDC Enterprise: Secured nearly $530 million in new financing, a portion of which is earmarked for Bitcoin.

Beyond these major players, 18 companies added to their existing Bitcoin reserves, contributing a further 7,591 BTC. This widespread adoption spans various industries, highlighting the growing belief in Bitcoin's long-term potential.

Growing Confidence in Bitcoin

The transparency shown by these companies in publicly announcing their Bitcoin holdings helps reassure investors and addresses concerns about volatility, custody risks, and accounting procedures. This trend signifies Bitcoin's transition from a niche asset to a practical component of mainstream corporate treasury management.

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