As Bitcoin's price rises to $112,045, Figma and Sora Ventures unveil their new corporate BTC initiatives.
Figma's BTC Holding Strategy
Figma, a collaborative design software company, expanded its BTC holdings to $91 million in the second quarter of this year. CEO Dylan Field stated that this is not a Michael Saylor strategy and is part of the company's $1.6 billion treasury.
Sora Ventures Launches Asia's First BTC Treasury
At Taipei Blockchain Week, Sora Ventures introduced Asia's first $1 billion Bitcoin Treasury Fund. The project will start with $200 million and aims to promote corporate BTC treasury strategies.
Bitcoin Price Analysis and Future Forecasts
Recent analysis of the BTC/USD chart indicates that the price continues to move within an upward channel. Indicators suggest a growing bullish momentum. However, holding above the $110,000 level will be critical to maintaining a positive trend.
Corporate investments in Bitcoin are on the rise, and new initiatives may spark increased interest in the cryptocurrency, offering potential growth opportunities.
