Bitwise expands its Bitcoin Standard Corporations Index by including Fold Holdings and Bitdeer Technologies, highlighting the growing corporate embrace of Bitcoin.
Bitwise Index Expansion
Bitwise Asset Management has included Fold Holdings and Bitdeer Technologies in its Bitcoin Standard Corporations Index. This increases visibility of these companies within the Bitcoin investment landscape.
Companies' Bitcoin Ownership Strategy
Fold Holdings now holds 1,485 BTC, valued at $124 million, while Bitdeer Technologies holds 1,090 BTC, valued at $91 million. These integrations illustrate their Bitcoin strategy.
Impact on Market and Regulation
The rise in corporate Bitcoin adoption is expected to drive further regulatory scrutiny and potential enhancements in technological integrations. As Bitcoin continues increasing its institutional foothold, policy frameworks may evolve accordingly.
Fold and Bitdeer's inclusion in the Bitwise index underscores the significance of Bitcoin as a key strategic reserve for companies.
