This week, Bitcoin treasuries reached a significant milestone, surpassing 1 million BTC. This growth signifies increasing interest from corporate investors and institutional participants.
Reaching New Heights in Bitcoin Accumulation
Bitcoin treasuries increased their holdings by nearly $1 billion, making them owners of approximately 5% of the total supply of cryptocurrency. Data from BitcoinTreasuries.net confirms that major players in the market, such as public companies and institutional investors, are actively participating in this process.
Major Corporations Join Bitcoin Accumulation
Strategy, formerly known as MicroStrategy, remains the largest holder with 636,505 BTC. It has been joined by players like MARA Holdings and Bitcoin Standard Treasury Company. Currently, 184 companies and several ETFs are documented as Bitcoin holders, reflecting a trend in corporate assets accumulating cryptocurrency.
Social Media Reactions and Expert Statements
Jack Mallers, CEO of XXI, noted that the adoption of Bitcoin by corporate treasuries is a risk-reduction strategy for the next decade. He expressed pride in his company leading this movement. Analyst Dom Kwok emphasizes that the divergence between the stock prices of digital asset companies and cryptocurrency prices leads investors to reconsider their strategies.
The increase in Bitcoin reserves among corporations and ETFs confirms the growing perception of cryptocurrency as a strategic asset. This may have implications for liquidity and pricing in the market.
