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16 Corporate Giants Embrace Bitcoin

Signaling a growing institutional interest in the cryptocurrency

June 8, 2025
in Coins, Finance, News
A A
Dalintis FacebookDalintisShare on Twitter

This week has been eventful for Bitcoin (BTC) enthusiasts, with 42 significant updates shaping the market. According to @btcNLNico on X, 16 firms have embraced Bitcoin treasury strategies, five of which have already allocated approximately $10.2 million to BTC holdings.

An additional eleven companies are preparing large Bitcoin acquisitions worth billions, with four already initiating their purchases. Norway’s K33 holds BTC valued at $1.04 million, while Australia’s Locatec Technologies Limited entered the market with an investment of $633,000.

Spain’s Vanadi Coffee started with 5 BTC and plans to expand its holdings to 10,000 BTC by the year’s end, a move currently worth $1.04 billion. Meanwhile, banking giant Meanwhille has allocated $7.35 million to BTC, highlighting the diverse industries participating in the trend.

This shift mirrors the Bitcoin treasury cycle seen in 2021 but now spans a broader range of businesses. LMKR reported that Reitar Logtech Holdings in the UK increased its BTC holdings through institutional investors.

South Korea’s K Wave Media is raising $500 million to enhance its Bitcoin strategy, while US-based Know Labs and Canada’s Solarbank each aim to acquire BTC worth $104 million.

$463.8M in Bitcoin Reserves Points to Mainstream Adoption

Treasure Global targets a $100 million Bitcoin treasury, with Davis Commodities setting aside $4.5 million. Windtree is embracing cryptocurrency payments and preserving digital assets.

Meanwhile, Coinbase is refining its operations, with CEO Brian Armstrong reporting an 82% reduction in account freezes, an improvement likely to strengthen institutional trust.

Blue Star Capital and Bluebird Mining are exploring Bitcoin holdings, Essential seeks to convert its gold assets into BTC, and Silo Pharma’s management has greenlit Bitcoin purchases. ATIF Holdings plans to acquire 1,000 BTC within five years.

This widespread adoption underscores a long-term commitment to Bitcoin beyond short-term trading. The combined BTC investments now total approximately $463.8 million, reflecting confidence from a diverse array of businesses.

Unlike past cycles in 2017 and 2021, this trend includes more traditional firms, signaling growing market maturity. Even alternative cryptocurrencies like Shiba Inu are witnessing increased transaction volumes.

As more companies integrate Bitcoin into their financial strategies, its role as a strategic reserve in global finance continues to evolve at a rapid pace.

 

Tags: BitcoinBTCcryptoCrypto exchangeCryptocurrency

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